Articles on Department of Government Efficiency

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The Federal Deposit Insurance Corporation is the agency responsible for protecting deposits and administering bank insolvencies in the U.S. Its headquarters are seen in Washington, D.C., in March 2023. (AP Photo/Manuel Balce Ceneta)

Why weakening U.S. bank regulators could repeat the mistakes of the 2008 financial crisis

The targeting of the FDIC could dangerously erode its ability to manage financial crises, like the one that occurred in 2008.
President George Washington delivers his first inaugural address in April 1789 in New York City. Painting by T.H. Matteson, engraving by H.S. Sadd, via Library of Congress

George Washington, a real estate investor and successful entrepreneur, knew the difference between running a business and running the government

The first president realized that working with Congress – not alone or against it – was the best way to actually create an efficient federal government.

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