Derace Lauderdale

2 weeks ago | federalnewsnetwork.com | Derace Lauderdale

Interview transcript:Terry Gerton: Well, let’s jump right in because we’re talking about some interesting trends in recent market performance. What’s jumped out at you, especially in terms of both domestic and international fund performance as we’ve seen the market be so volatile over the last few months? Art Stein: Yeah, there have been two changes that really stand out to me with the TSP funds.

Mar 3, 2025 | federalnewsnetwork.com | Derace Lauderdale

After a strong start in January, the Thrift Savings Plan saw month-over-month declines across all funds in February, with the Common Stock Index C fund and the Small Cap Stock Index Investment S fund posting the highest negative returns. The S fund posted the largest negative return with -5.80%, while the C fund followed up with -1.30% return in February. The rest of TSP funds achieved positive returns last month though almost all were lower compared to January.

Feb 24, 2025 | federalnewsnetwork.com | Derace Lauderdale |Jason Miller |Jory Heckman |Tom Temin

Federal employees across the country, many of whom have worked from home since the COVID-19 pandemic, were back at agency offices Monday under President Donald Trump’s return-to-office mandate. Billionaire Elon Musk, who is leading Trump’s Department of Government Efficiency scouring government agencies for suspected waste, delivered a warning Monday to workers on his platform X. “Starting this week, those who still fail to return to office will be placed on administrative leave,” Musk wrote.

Feb 24, 2025 | federalnewsnetwork.com | Derace Lauderdale |Jared Serbu |Jason Miller |Jory Heckman

The Office of Special Counsel believes at least some federal employees who were caught up in waves of mass removals during their probationary periods were fired unlawfully, and is asking the board that adjudicated federal employment disputes to put their terminations on hold, officials said Monday.

Feb 20, 2025 | federalnewsnetwork.com | Derace Lauderdale |Tom Temin |Jason Miller |Jory Heckman

One of the most difficult debates right now is whether the new career civil servant classification is a good thing or a bad thing. It’s called “policy/career,” a new name for Schedule F. The Trump administration has willed it into being with an executive order. Longtime government accountability watcher Joe Spielberger, of the Project on Government Oversight, joined the Federal Drive with Tom Temin to make the case against this classification.