The Trump administration is offering a government-wide buyout program, allowing federal employees to resign and receive pay and benefits through September 30th. A senior administration official stated the initiative aims to ensure federal employees align with the administration’s standards, citing dissatisfaction with remote work levels. The White House anticipates that 10% of federal workers will accept the offer. Exemptions include military personnel, USPS workers, immigration enforcement and national security roles. The move aligns with Trump’s executive order ending remote work and broader efforts to downsize federal agencies.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Trump administration is offering a government-wide buyout program,
00:06allowing federal employees to resign and receive pay and benefits through September 30th.
00:10The senior administration officials stated that the initiative aims to ensure federal
00:15employees align with the administration's standards, citing dissatisfaction with remote
00:20work levels. The White House anticipates 10 percent of federal workers will accept the offer.
00:26Exemptions include military personnel, USPS workers, and immigration enforcement
00:31and national security roles. The move aligns with Trump's executive order ending remote
00:35work and broader efforts to downsize federal agencies.
00:38For all things money, visit Benzinga.com slash GSTV.