Stock Market News

Trump orders federal workers back to office full-time

2025.01.20 19:16

By Raphael Satter

WASHINGTON (Reuters) – President Donald Trump has ordered federal workers to return to the office five days a week, signing an executive order in front of cheering supporters at Washington’s Capital One (NYSE:) Arena on Monday.

The move would force large numbers of white collar government employees to forfeit remote working arrangements, reversing a trend that took off in the early stages of the COVID-19 pandemic.

Some of Trump’s allies have said the return-to-work mandate is intended to help gut the civil service, making it easier for Trump to replace long serving government workers with loyalists.

© Reuters. U.S. President Donald Trump presents an executive order during the inaugural parade inside Capital One Arena on the inauguration day of his second presidential term, in Washington, U.S. January 20, 2025. REUTERS/Carlos Barria

In a brief statement posted to the White House’s website, Trump ordered all heads of departments and agencies to, “as soon as practicable, take all necessary steps to terminate remote work arrangements and require employees to return to work in-person at their respective duty stations on a full-time basis, provided that the department and agency heads shall make exemptions they deem necessary.”

Tesla (NASDAQ:) CEO Elon Musk – who chairs a body aimed at cost-cutting – recently predicted that revoking “the COVID-era privilege” of telework would trigger “a wave of voluntary terminations that we welcome.”



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 96,242.79 0.32%
ethereum
Ethereum (ETH) $ 2,807.10 2.63%
xrp
XRP (XRP) $ 2.58 0.43%
tether
Tether (USDT) $ 1.00 0.03%
bnb
BNB (BNB) $ 662.00 0.85%
solana
Solana (SOL) $ 171.26 1.18%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.245689 0.78%
cardano
Cardano (ADA) $ 0.777317 1.48%
staked-ether
Lido Staked Ether (STETH) $ 2,799.82 2.47%
tron
TRON (TRX) $ 0.242005 2.15%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,085.74 0.43%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,349.33 2.53%
chainlink
Chainlink (LINK) $ 17.92 1.88%
avalanche-2
Avalanche (AVAX) $ 25.38 0.75%
sui
Sui (SUI) $ 3.37 0.55%
stellar
Stellar (XLM) $ 0.332153 0.85%
litecoin
Litecoin (LTC) $ 128.13 0.77%
the-open-network
Toncoin (TON) $ 3.80 4.48%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 1.73%
leo-token
LEO Token (LEO) $ 9.75 0.06%
hedera-hashgraph
Hedera (HBAR) $ 0.21386 0.23%
usds
USDS (USDS) $ 1.00 0.13%
mantra-dao
MANTRA (OM) $ 8.53 12.45%
hyperliquid
Hyperliquid (HYPE) $ 23.82 3.06%
weth
WETH (WETH) $ 2,807.42 2.75%
polkadot
Polkadot (DOT) $ 5.05 0.95%
bitcoin-cash
Bitcoin Cash (BCH) $ 329.23 3.34%
bitget-token
Bitget Token (BGB) $ 5.08 1.58%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,974.77 2.66%
uniswap
Uniswap (UNI) $ 9.18 2.53%
monero
Monero (XMR) $ 233.35 0.10%
near
NEAR Protocol (NEAR) $ 3.46 3.00%
pepe
Pepe (PEPE) $ 0.00001 0.79%
whitebit
WhiteBIT Coin (WBT) $ 27.44 0.22%
aave
Aave (AAVE) $ 249.56 1.52%
aptos
Aptos (APT) $ 6.22 3.14%
ondo-finance
Ondo (ONDO) $ 1.14 2.35%
bittensor
Bittensor (TAO) $ 423.88 1.84%
dai
Dai (DAI) $ 0.999552 0.04%
internet-computer
Internet Computer (ICP) $ 7.15 0.36%
official-trump
Official Trump (TRUMP) $ 16.24 0.51%
ethereum-classic
Ethereum Classic (ETC) $ 20.87 2.78%
mantle
Mantle (MNT) $ 0.915556 1.48%
tokenize-xchange
Tokenize Xchange (TKX) $ 37.66 1.79%
okb
OKB (OKB) $ 49.71 1.10%
gatechain-token
Gate (GT) $ 23.44 1.37%
susds
sUSDS (SUSDS) $ 1.04 0.11%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 96,314.81 0.24%