Trump budget proposes drastic cuts for US scientific research

The White House wants to reduce U.S. health spending by more than a quarter next year, with the National Institutes of Health and Centers for Disease Control and Prevention facing the brunt of billions of dollars in cuts.

President Donald Trump's administration on Friday proposed a $163 billion cut to the federal budget that would sharply reduce spending in areas including health, education, and housing next year, while increasing outlays for defense and border security.

Republicans are telling the White House that DOGE cuts will not be permanent

The White House is encountering pushback from congressional Republicans as the administration works to enshrine the cuts instituted by Elon Musk’s Department of Government Efficiency into law.

Congressional Republicans have said in private conversations that it would be a stretch to codify even a small part of the cuts put in place by Musk, according to The Washington Post.

Trump promises to raise military budget to $1 trillion even as DOGE hacks other agencies to the bones

Senior Trump administration officials promised they would push through a roughly $1 trillion military budget for the coming year, even as the Elon Musk-led Department of Government Efficiency (DOGE) project aims to drastically shrink federal spending.

“We’re going to be approving a budget, and I’m proud to say, actually, the biggest one we’ve ever done for the military,” Trump said Monday during a White House event with Israeli Prime Minister Benjamin Netanyahu...

Musk’s White House evolution

Elon Musk’s first 100 days in the White House were filled with twists and turns as the world’s richest person became one of the most influential and contentious figures in Washington in a matter of weeks.

The tech billionaire wasted no time jumping into the political fray upon President Trump’s return to the White House, moving at breakneck speed to carry out the president’s government cost-cutting initiative, dubbed the Department of Government Efficiency (DOGE).

Trump White House Proposes $1 Trillion Military Budget, 23 Percent Cut to Non-Defense Spending

The Trump White House’s fiscal year 2026 budget proposal calls for boosting the U.S. military budget to $1 trillion and increasing funding on immigration enforcement, while cutting $163 billion in spending across the State Department, Department of Education, and Environmental Protection Agency, among other agencies.

Tesla Board Opened Search for a CEO to Succeed Elon Musk

About a month ago, with Tesla’s TSLA -0.58%decrease; red down pointing triangle stock sinking and some investors irritated about Elon Musk’s White House focus, Tesla’s board got serious about looking for Musk’s successor.

Board members reached out to several executive search firms to work on a formal process for finding Tesla’s next chief executive, according to people familiar with the discussions. 

Tensions had been mounting at the company. Sales and profits were deteriorating rapidly. Musk was spending much of his time in Washington.

Elon Musk Tears Into WSJ Report Questioning His Future As Tesla CEO

Elon Musk on Thursday blasted The Wall Street Journal over a report that Tesla’s board of directors is looking to recruit a new chief executive to replace the billionaire in the top job.

The Journal on Wednesday reported that “about a month ago” Tesla’s board started reaching out to recruiting firms to formalize a process to find a new CEO. The company continues to face massive challenges as evidenced by its disastrous first-quarter earnings.

Tesla, Elon Musk deny report firm is looking for new CEO: ‘Deliberately false article’

Tesla and Elon Musk are pushing back against a report claiming the company’s board launched a search for a successor to the mercurial CEO last month as he spent time away from the company leading President Trump’s Department of Government Efficiency.

The Wall Street Journal reported late Wednesday that the board had reached out to executive search firms to initiate a formal process to identify potential replacements for Musk as the electric car maker grapples with slowing sales, shrinking profits and a bruising year on the stock market.