Latest news with #JobLoss
Yahoo
3 days ago
- Business
- Yahoo
Crockett Rejoices Over Musk's DOGE Departure: ‘Hallelujah!'
Rep. Jasmine Crockett could barely contain her joy at Elon Musk's departure from the government. President Donald Trump and Musk marked the end of the Tesla CEO's work at the Department of Government Efficiency on Friday. 'Hallelujah is what I've got to say. Is it Sunday? Let us all give thanks to the good lord above,' Crockett said during an appearance on MSNBC's The Weekend. While the progressive Texas representative rejoiced at Musk's DOGE departure, Crockett impressed upon viewers the trail of destruction she says Musk has left in his wake. 'He is gone, but the 'musk' is still going to linger in the air,' she quipped. 'There are so many people that have been impacted by these ridiculous and not thought-out cuts. It's not just the federal workers; it's those constituents of ours, our citizens, that are being impacted the hardest by these cuts.' DOGE has claimed it slashed $175 billion in federal spending—far short of Musk's stated $1 trillion goal. News organizations and government watchdogs have called even the lower number into question. The purge across the federal government has nevertheless taken its toll, with an estimated two million jobs cut. Much of the United States Agency for International Development has also been dismantled. Critics have also accused Musk of wielding his position on Trump's team to secure lucrative contracts for his companies. In April, the Department of Defence granted SpaceX a deal worth $6 billion in addition to its estimated $16 billion in existing contracts with the Pentagon, with the rocketmaker also emerging as a frontrunner for constructing Trump's estimated $174 billion Golden Dome defense shield. Other detractors have also suggested Musk has used his influence at the White House to stave off investigations into his business dealings that were launched under former President Joe Biden. Since Trump took office for the second time earlier in January, the Department of Defense has dropped a pre-existing lawsuit against SpaceX over alleged employment discrimination, with the National Labor Relations Board dropping a similar suit against the company only last month. '[They] basically let this guy run wild, and honestly, I feel like all of the cuts to federal employees there was nothing more than a distraction for the things he really wanted to do, which is to make sure that there was no oversight of his companies,' Crockett said on Saturday. Musk's departure from the White House came amid a bombshell report from The New York Times alleging the tech billionaire consumed large amounts of ketamine, among other drugs, on such a regular basis as to have caused him issues with his bladder–a common side effect of chronic use. Musk lashed out at the newspaper, accusing the news organization of peddling fake news about his alleged drug use. Trump said on Friday that, even after departing DOGE, Musk will continue to advise the White House in a more informal capacity.
CNN
7 days ago
- Business
- CNN
Trump voter may lose his job because of Trump policies
Trump voter may lose his job because of Trump policies CNN's John King visits one of the country's top targets of the 2026 midterms — Pennsylvania's 7th Congressional District — and speaks to a Trump voter who is in danger of being laid off due to the President's tariffs. 01:11 - Source: CNN Vertical Politics of the Day 15 videos Trump voter may lose his job because of Trump policies CNN's John King visits one of the country's top targets of the 2026 midterms — Pennsylvania's 7th Congressional District — and speaks to a Trump voter who is in danger of being laid off due to the President's tariffs. 01:11 - Source: CNN He voted for the first time at 55. Hear why CNN's John King visits one of the country's top targets of the 2026 midterms — Pennsylvania's 7th Congressional District — and hears why, at 55, one man felt compelled to vote in a presidential election for the first time in his life. 01:04 - Source: CNN DEI leader: Trump's agenda 'instills fear' CNN's John King visits one of the country's top targets of the 2026 midterms — Pennsylvania's 7th Congressional District — where a leader of a DEI program tells him what she's doing to prepare for possible funding cuts. 00:48 - Source: CNN NYC Mayor Eric Adams defends Trump relationship New York City Mayor Eric Adams speaks with CNN's Maria Santana about his controversial relationship with President Donald Trump, which has garnered close attention after the Department of Justice recommended his criminal charges be dropped. 01:07 - Source: CNN Trump directs federal agencies to cancel Harvard contracts The White House is directing federal agencies to cancel all remaining contracts with Harvard University – about $100 million in all, two senior Trump administration officials told CNN – the latest barb against the school as it refuses to bend to the White House's barrage of policy demands amid a broader politically charged assault on US colleges. 01:15 - Source: CNN Finland's president responds to Russian military activity along border CNN's Erin Burnett speaks with Finland's President Alexander Stubb about his country ramping up its military to deter potential Russian aggression. 02:16 - Source: CNN Trump pardons reality TV couple Todd and Julie Chrisley President Donald Trump has signed full pardons for imprisoned reality show couple Todd and Julie Chrisley, who were sentenced to lengthy prison terms in 2022 for a conspiracy to defraud banks out of more than $30 million, according to a White House official. CNN's Kaitlan Collins reports. 01:07 - Source: CNN Trump: 'I don't know what the hell happened to Putin' Speaking to reporters before boarding Air Force One in Morristown, New Jersey, President Donald Trump said that he was 'not happy with what Putin is doing', after Moscow launched its largest aerial attack of its three-year full-scale war on Ukraine overnight. 00:50 - Source: CNN Trump visits Arlington National Cemetery on Memorial Day President Donald Trump honors fallen service members at Arlington National Cemetery on Memorial Day. 00:27 - Source: CNN Johnson pressed on Medicaid cuts in spending bill CNN's Jake Tapper asks House Speaker Mike Johnson about who will lose Medicaid under President Donald Trump's 'big, beautiful bill'. Johnson defends the proposed cuts and argues the changes target "waste, fraud and abuse." 01:30 - Source: CNN Is the U.S. on the brink of fiscal crisis? President Trump's economic agenda is expected to add nearly $4 trillion to the US national debt. CNN's Phil Mattingly breaks down what that could mean for the economy. 01:48 - Source: CNN Trump says Apple will face tariffs if it doesn't make iPhones in US President Donald Trump told reporters Apple and other cell phone manufacturers will face 25% tariffs unless they manufacture their products in the US during an event interrupted by Trump's own iPhone ringing multiple times. 01:11 - Source: CNN Trump hosts lavish dinner for meme coin investors More than 200 wealthy crypto bros gathered for a private event at President Donald Trump's golf club just outside Washington, DC, on Thursday night — dining on filet mignon and halibut while the president stood at a podium regaling them with tales of his 2024 victory. 01:33 - Source: CNN Museum programs like this one could be history after Trump's cuts CNN's Sunlen Serfaty visits the Museum of African American History in Boston, which has been impacted by the Trump administration's cuts to funding for the arts. 01:16 - Source: CNN Body language expert offers her advice on how to approach Trump In the wake of the White House's Oval Office ambush of South African President Cyril Ramaphosa, body language expert Susan Constantine tells CNN's Max Foster that being an active listener is key for any future leader's meeting with President Donald Trump. 01:36 - Source: CNN
CNN
7 days ago
- Business
- CNN
Trump voter may lose his job because of Trump policies
Trump voter may lose his job because of Trump policies CNN's John King visits one of the country's top targets of the 2026 midterms — Pennsylvania's 7th Congressional District — and speaks to a Trump voter who is in danger of being laid off due to the President's tariffs. 01:11 - Source: CNN Vertical Politics of the Day 15 videos Trump voter may lose his job because of Trump policies CNN's John King visits one of the country's top targets of the 2026 midterms — Pennsylvania's 7th Congressional District — and speaks to a Trump voter who is in danger of being laid off due to the President's tariffs. 01:11 - Source: CNN He voted for the first time at 55. Hear why CNN's John King visits one of the country's top targets of the 2026 midterms — Pennsylvania's 7th Congressional District — and hears why, at 55, one man felt compelled to vote in a presidential election for the first time in his life. 01:04 - Source: CNN DEI leader: Trump's agenda 'instills fear' CNN's John King visits one of the country's top targets of the 2026 midterms — Pennsylvania's 7th Congressional District — where a leader of a DEI program tells him what she's doing to prepare for possible funding cuts. 00:48 - Source: CNN NYC Mayor Eric Adams defends Trump relationship New York City Mayor Eric Adams speaks with CNN's Maria Santana about his controversial relationship with President Donald Trump, which has garnered close attention after the Department of Justice recommended his criminal charges be dropped. 01:07 - Source: CNN Trump directs federal agencies to cancel Harvard contracts The White House is directing federal agencies to cancel all remaining contracts with Harvard University – about $100 million in all, two senior Trump administration officials told CNN – the latest barb against the school as it refuses to bend to the White House's barrage of policy demands amid a broader politically charged assault on US colleges. 01:15 - Source: CNN Finland's president responds to Russian military activity along border CNN's Erin Burnett speaks with Finland's President Alexander Stubb about his country ramping up its military to deter potential Russian aggression. 02:16 - Source: CNN Trump pardons reality TV couple Todd and Julie Chrisley President Donald Trump has signed full pardons for imprisoned reality show couple Todd and Julie Chrisley, who were sentenced to lengthy prison terms in 2022 for a conspiracy to defraud banks out of more than $30 million, according to a White House official. CNN's Kaitlan Collins reports. 01:07 - Source: CNN Trump: 'I don't know what the hell happened to Putin' Speaking to reporters before boarding Air Force One in Morristown, New Jersey, President Donald Trump said that he was 'not happy with what Putin is doing', after Moscow launched its largest aerial attack of its three-year full-scale war on Ukraine overnight. 00:50 - Source: CNN Trump visits Arlington National Cemetery on Memorial Day President Donald Trump honors fallen service members at Arlington National Cemetery on Memorial Day. 00:27 - Source: CNN Johnson pressed on Medicaid cuts in spending bill CNN's Jake Tapper asks House Speaker Mike Johnson about who will lose Medicaid under President Donald Trump's 'big, beautiful bill'. Johnson defends the proposed cuts and argues the changes target "waste, fraud and abuse." 01:30 - Source: CNN Is the U.S. on the brink of fiscal crisis? President Trump's economic agenda is expected to add nearly $4 trillion to the US national debt. CNN's Phil Mattingly breaks down what that could mean for the economy. 01:48 - Source: CNN Trump says Apple will face tariffs if it doesn't make iPhones in US President Donald Trump told reporters Apple and other cell phone manufacturers will face 25% tariffs unless they manufacture their products in the US during an event interrupted by Trump's own iPhone ringing multiple times. 01:11 - Source: CNN Trump hosts lavish dinner for meme coin investors More than 200 wealthy crypto bros gathered for a private event at President Donald Trump's golf club just outside Washington, DC, on Thursday night — dining on filet mignon and halibut while the president stood at a podium regaling them with tales of his 2024 victory. 01:33 - Source: CNN Museum programs like this one could be history after Trump's cuts CNN's Sunlen Serfaty visits the Museum of African American History in Boston, which has been impacted by the Trump administration's cuts to funding for the arts. 01:16 - Source: CNN Body language expert offers her advice on how to approach Trump In the wake of the White House's Oval Office ambush of South African President Cyril Ramaphosa, body language expert Susan Constantine tells CNN's Max Foster that being an active listener is key for any future leader's meeting with President Donald Trump. 01:36 - Source: CNN
