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US judge keeps block on Trump employees' buyout plan in place for now

Business Standard LogoBusiness Standard18h ago

US judge keeps block on Trump employees' buyout plan in place for now - Business Standard

Quick Summary:

The buyout effort is part of a far-reaching plan by Trump and his allies to reduce the size and rein in the actions of the federal bureaucracy.

Another Trump lieutenant, White House budget director Russell Vought, has ordered the Consumer Finance Protection Bureau, an independent federal agency created after the 2008 global financial crisis, to cease its activities.

On Saturday, a judge temporarily blocked Musk's entity from accessing government systems used to process trillions of dollars in payments at the Treasury Department.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 09:51:41 (18 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 909 words

Reading Time: 6 minutes read

Sentences: 32 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26066288

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 374 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://chronographically.beamstart.com/news/us-judge-keeps-block-on-17392478659137

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