Former DHS Secretary Kristi Noem planned to cut FEMA workforce by 50% and relocate staff across the country, giving states a larger role in disaster management.
US Senate fails to fund Homeland Security Department
US Senate fails to approve funding for Department of Homeland Security, extending partial shutdown since February 14th. TSA, FEMA, Coast Guard, and cybersecurity office remain unfunded.
FedNow enables instant FEMA disaster aid payments, reducing wait times from days to seconds. This is part of a $175 billion federal overhaul to digitize disbursements.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.