President Trump appointed Bill Pulte, a millennial heir with no national security experience, as acting Director of National Intelligence. Trump plans to "gut" the agency to its "bare minimum" before nominating a permanent replacement for Tulsi Gabbard, who is resigning.
The US Department of Education's student loan office is hiring 380 new workers, contradicting plans to close the agency. The Office of Federal Student Aid (FSA) is rebuilding its staff after significant layoffs, managing a $1.7 trillion loan portfolio and 43 million borrowers.
A Centre for London report proposes replacing stamp duty and council tax with an annual property wealth tax to address London's housing crisis. The tax would encourage downsizing, fund social housing, and help renters save for deposits.
Staff warned news operations face 15% cut, above BBC-wide 10% target, as corporation pushes through £600m savings planThe BBC’s news operation is to cut costs by a steeper-than-expected 15%, with staff told to expect heavy redundancies.The division, home to about a quarter of all BBC staff, is being saddled with one of the highest cost-cutting targets as the corporation attempts to cut as many as 2,000 jobs in the biggest downsizing of the public service broadcaster in 15 years. Continue reading...
