Office in Green Bay listed as ‘possible target' for ‘lease elimination' by Department of Government Efficiency
GREEN BAY, Wis. (WFRV) – An office space for the Social Security Administration in Green Bay is reportedly being 'recommended' for lease termination by the Department of Government Efficiency (DOGE).
The DOGE is a 'temporary contracted organization' that President Donald Trump initiated to cut down on government spending. President Trump also appointed Elon Musk to be in charge of the Department.
Study: Wisconsin pays some of the highest property taxes in the United States
The official DOGE Government website's savings tab lists numerous locations under its 'Real Estate' table, identifying the agency, location, square footage and value of a building; however, the actual addresses aren't listed.
One of the many agencies listed is a Social Security Administration office in Green Bay.
The DOGE website does not clarify the address of the Green Bay agency building; however, the only listed Social Security Office in Green Bay, according to the Social Security Administration website, is located at 1561 Dousman Street.
Clicking on the DOGE website's listing brings up the following:
The listing says that it would be a true termination for consolidation, and could save roughly $131,145, assuming it is a 5-year continuation of the lease.
Four northeastern Wisconsin companies named state's 'Manufacturer of the Year'
There are also a few other agency buildings in Wisconsin listed as possible or true terminations:
Defense Contract Management Agency – National: Merrill (agency closed office)
United States Fish and Wildlife Service: Madison (agency closed office)
Department of Defense: Milwaukee (move to federal space)
This story will be updated if more details on the address or location become available.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
China Urges US to Comply With ‘Hard-Won' Deal After London Talks
(Bloomberg) — China cheered a new framework to defuse trade tensions with the US after two days of intense negotiation, calling on both countries to adhere to the agreement and maintain dialogue to stabilize ties. Trump's Military Parade Has Washington Bracing for Tanks and Weaponry NY Long Island Rail Service Resumes After Grand Central Fire NYC Mayoral Candidates All Agree on Building More Housing. But Where? Senator Calls for Closing Troubled ICE Detention Facility in New Mexico California Pitches Emergency Loans for LA, Local Transit Systems 'As a next step, the two sides should follow the important consensus and requirements reached by the two heads of state on the phone call, further play a good role in the China-US economic and trade consultation mechanism,' Vice Premier He Lifeng said, according to a Wednesday statement published by state broadcaster China Central Television. The two sides should 'show the spirit of good faith in abiding by their commitments and jointly safeguard the hard-won results of the dialogue,' he added. The statement offered no details on the specifics of the framework. The agreement comes after two days of high-stakes trade talks in London that concluded Tuesday night. Both sides said they'd agreed on a framework for implementing the Geneva deal that would revive the flow of sensitive goods between the countries. Despite reaching a truce that suspended drastic tariffs last month, the world's two largest economies later accused each other of violating that accord. US officials said China was stalling exports of rare earth magnets crucial for auto and defense sectors, while Beijing protested Washington's move to impose new curbs on chip design software, jet engine parts and student visas. The latest statement represents a step toward de-escalating a tariff war that had led to a slump in bilateral trade. However, it made no reference to rare earth magnets or US export controls, which had both been a focal point of the talks and main source of tension going into negotiations. The US and Chinese delegations will take that proposal back to their respective leaders, China's trade envoy Li Chenggang told reporters after the talks concluded. New Grads Join Worst Entry-Level Job Market in Years The Spying Scandal Rocking the World of HR Software American Mid: Hampton Inn's Good-Enough Formula for World Domination Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling ©2025 Bloomberg L.P. By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy
Yahoo
22 minutes ago
- Yahoo
Platinum Extends Gain as Market Shows Further Signs of Tightness
(Bloomberg) -- Platinum extended this year's surge to almost 40%, as the market strains under signs of tightness. Trump's Military Parade Has Washington Bracing for Tanks and Weaponry NY Long Island Rail Service Resumes After Grand Central Fire NYC Mayoral Candidates All Agree on Building More Housing. But Where? Senator Calls for Closing Troubled ICE Detention Facility in New Mexico California Pitches Emergency Loans for LA, Local Transit Systems The price of platinum — used in jewelry and autocatalysts, as well as in the chemical and glass industries — rose as much as 4.6% to $1,275.45 an ounce on Wednesday. After trading largely sideways at around $1,000 for the best part of a decade, that's taken the white metal to the highest in more than four years. The gains come as the physical platinum market heads for another year of deficit, boosted by strong Chinese demand for a cheaper alternative to gold jewelry. A dramatic outflow of platinum to the US in the first few months of 2025 — over fears that imports would be subject to President Donald Trump's tariffs — further tightened the availability of the metal in the largest spot trading hubs of Zurich and London. The implied cost of borrowing the precious metal for one month peaked in data going back six years at an annualized rate of 15%, while forward prices for platinum are trading a steep discount to spot, both indications of tightness. Platinum output in South Africa — by far the world's biggest producer — has declined this year amid heavy rains and other disruptions. That's helped to underpin the price gains, boosting the shares of miners such as Anglo American Plc spinoff Valterra Platinum Ltd. and its rivals Impala Platinum Holdings Ltd. and Sibanye Stillwater Ltd. Those producers have come under pressure from the worldwide rollout of electric vehicles, which don't use either platinum, or its sister metals, palladium and rhodium. The biggest single source of demand for platinum is as an input into autocatalysts, which curb emissions from combustion engines in gasoline and diesel vehicles. That continues to weigh on the longer-term demand outlook. Meanwhile, gold edged higher even after the US and China said they had agreed on a plan to ease trade tensions during talks in London. US Commerce Secretary Howard Lutnick and China's trade representative Li Chenggang said the two sides had agreed in principle on a framework to implement the consensus they reached in Geneva. Bullion rose 0.2% to trade around $3,329.03 an ounce as of 12:03 p.m. in London. The Bloomberg Dollar Spot Index was steady. Silver fell, while palladium rose. The detente between the world's two biggest economies should be negative for haven assets like gold, and the lack of downward movement in bullion suggests investors are waiting for more developments. Investors are looking ahead to an auction of US Treasuries on Thursday, with weak demand potentially boosting gold's haven appeal. New Grads Join Worst Entry-Level Job Market in Years The Spying Scandal Rocking the World of HR Software American Mid: Hampton Inn's Good-Enough Formula for World Domination Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
5 Ways Global Companies Are Navigating U.S. Tariff Uncertainty
Tariffs have created a lot of volatility and uncertainty in the supply chain. While these conditions aren't ideal for global companies, they have to adapt in order to remain competitive and gain market share. Seeing how these companies plan to adapt can give small business owners some ideas. Trending Now: Check Out: It's also good for consumers to monitor how companies are navigating U.S. tariffs to assess how much prices will go up. Some corporations are investing in local manufacturing to counter-tariffs. Any goods produced within the United States don't get tariffed and that's a detail automakers have noticed. Ford and General Motors are some of the corporations that are shifting production back to the United States to avoid tariffs. These investments will help automobile companies produce more affordable vehicles in the long run, as higher tariffs make it more difficult for them to operate with global suppliers. Read Next: One of the arguments that has stemmed from tariffs is who will have to pay the additional cost. Although corporations are required to pay tariffs, many of them are offsetting costs on consumers. However, President Trump has urged companies to eat the costs and he specifically called out Walmart. In a post on Truth Social, he told the retailer to 'eat the tariffs' and mentioned that the company made billions of dollars last year. Walmart has been raising prices on its products in response to tariffs, but it's also asking suppliers to pay their fair share. The global retailer has been asking suppliers — especially Chinese suppliers — to lower their prices to minimize the impact of tariffs. Walmart has a lot of leverage in these negotiations due to its sprawling retail presence and its growing e-commerce platform. Some corporations are shifting away from China and focusing on countries that have more generous tariff rates. India, Vietnam and other parts of Southeast Asia have seen booming demand as corporations look for better deals. These diversified logistics will make global commerce more competitive and can reduce the prices of various products and services. Higher prices will scare away some consumers and it has already triggered some layoffs. Although tariffs aren't entirely to blame, some big tech companies, automakers and entertainment studios have announced layoffs. These job cuts can help companies preserve their profit margins amid tumultuous times. It's also possible that corporations reduce their ad spend if the economy slows. Recent earnings reports from Alphabet and Meta Platforms contradict this possibility, but if the tariffs continue, the impact can eventually spill over into the advertising industry. One of the most common responses to tariffs has been higher prices. Corporations have to raise prices to offset losses from tariffs and many small businesses have also resorted to this measure. Although higher prices can dissuade customers from doing business with them, corporations have to raise their prices to maintain profit margins. A negative profit margin means you won't stay in business for long, even if the corporation is worth billions of dollars. Going back to Walmart, it's true that the company makes billions of dollars in net profit every quarter. However, Walmart's net profit margin hovers just below 3%. This low-profit margin means Walmart has to raise prices to remain profitable amid higher tariff rates. Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 8 Common Mistakes Retirees Make With Their Social Security Checks These 10 Used Cars Will Last Longer Than an Average New Vehicle This article originally appeared on 5 Ways Global Companies Are Navigating U.S. Tariff Uncertainty
