Tag: affecting

  • How federal layoffs are affecting DC housing market: report

    How federal layoffs are affecting DC housing market: report

    Housing markets in Washington, D.C. and other areas with high concentrations of government workers have already been impacted by the Trump administration’s new policies, according to Redfin agents.

    Return-to-office mandates for federal workers have led to an increase in home buyers, but “uncertainty” about federal job cuts has discouraged others from buying or selling their homes, according to the report.

    President Donald Trump announced on Jan. 29 that federal employees would be fired if they did not return to in-person work by early February.

    President Donald Trump signs a series of executive orders in the Oval Office at the White House on Feb. 10. (Andrew Harnik/Getty Images / Getty Images)

    DOGE SAYS IT DUG UP ANOTHER $1.9 BILLION IN TAXPAYER MONEY ‘MISPLACED’ BY BIDEN ADMINISTRATION 

    “I recently worked with a couple who bought their dream home with me a few years ago, but now they’re considering listing because they want to be closer to public transportation,” said Stuart Naranch, a Redfin Premier agent in Washington, D.C. “They both work for the government, and want a more convenient commute because they’ll need to return to in-person work soon.”

    Home prices in the nation’s capital were down 8.6% in January, compared to last year, selling for a median price of $560,000, according to Redfin data. 

    While homes spent about a week longer on the market in January of this year, overall sales for the month were up from last year.

    Protest against Elon Musk

    Demonstrators hold signs during a protest against Elon Musk outside the U.S. Treasury building in Washington, D.C., on Tuesday, Feb. 4. (Stefani Reynolds/Bloomberg via Getty Images / Getty Images)

    However, instability in the federal job market may translate over into the housing market.

    The Department of Government Efficiency (DOGE), which is tasked with eliminating wasteful government spending and increasing efficiency, aims to cut $2 trillion from the federal government budget by eliminating programs and trimming the federal workforce.

    A buyout offer, which has been extended, has already been accepted by about 65,000 employees, Fox News Digital previously reported.

    DOGE SAYS IT DUG UP ANOTHER $1.9 BILLION IN TAXPAYER MONEY ‘MISPLACED’ BY BIDEN ADMINISTRATION 

    “The number of deferred resignations is rapidly growing, and we’re expecting the largest spike 24 to 48 hours before the deadline,” a White House official told Fox News Digital on Feb. 4.  

    The Trump administration on Thursday ordered agencies to lay off most probationary employees without civil service protection, potentially affecting hundreds of thousands of federal workers.

    “Since the inauguration, I’ve met with a few people, including one federal government employee, who are selling specifically because of anticipated return-to-office orders,” said Jo Chavez, a Redfin Premier agent in Kansas City, Missouri. “I also spoke to a client who was looking to sell and upgrade to a larger home, but he canceled those plans because he’s worried about losing his job due to restructuring of government jobs.”

    Anti-Elon Musk protestors demonstrate

    Demonstrators rally outside the U.S. Treasury Department after it was reported billionaire Elon Musk, who is heading U.S. President Donald Trump’s drive to shrink the federal government, has gained access to Treasury’s federal payments system that se (REUTERS/Kent Nishimura / Reuters)

    Most recently, DOGE on Friday fired 3,600 probationary Health and Human Services employees.

    Federal workers on Friday gathered outside the Department of Health and Human Services in D.C. to protest the cuts, affiliate FOX 5 D.C. reported.

    Demonstrators carried signs saying, “No One Voted For Elon Musk,” and “Federal Workers Defy DOGE,” according to the report.

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    Fox 5 D.C.’s Sam Kosmas contributed to this report.

  • NY Democrats blink as controversial state election bill affecting Rep. Stefanik seat declared dead: reports

    NY Democrats blink as controversial state election bill affecting Rep. Stefanik seat declared dead: reports

    Editor’s note: This story has been updated to reflect reporting that New York Democrats have decided not to move ahead with the legislation.

    A controversial New York state election bill will no longer come to fruition, as multiple reports said the bill was put on hold at the behest of Gov. Kathy Hochul.

    Sources separately told the New York Post and City & State New York that Hochul asked the Democrat-majority legislature not to take any action on the legislation – which would give the governor more power to decide when special elections can be held and potentially delay the filling of U.S. Rep. Elise Stefanik’s deep-red upstate seat once the Republican is confirmed as U.N. Ambassador.

    The Post reported some of the reasoning stemmed from negotiations between Hochul and the Trump administration as to the longevity of the state-operated MTA’s “Congestion Pricing” tolling program in New York City – which the president has opposed.

    City & State reported state Assembly Speaker Carl Heastie, D-Bronx, declared the bill at least temporarily a non-starter at an afternoon meeting.

    Assembly Minority Leader Will Barclay, R-Oswego, also confirmed the bill is “no longer moving forward.”

    “It was a terrible piece of legislation in policy & principle. Thanks to strong pushback from Republican legislators & North Country residents, the bill has been halted,” Barclay wrote on X.

    State Senate Minority Leader Rob Ortt, R-Niagara Falls, added in a statement to Fox News Digital that while the bill “appears to be defeated for now, we will remain vigilant against any effort to bring it back.”

    The reform bill had been set to come up for a vote Monday.

    Critics called it a naked attempt to keep Stefanik’s North Country congressional district without a representative until November, while Democratic sponsors say it will save local and taxpayer resources.

    The bill, which would allow Hochul to postpone elections or combine them with upcoming general elections, was marketed by Democrats as a cost-saving measure that helps ensure more voters will cast ballots in specials.

    However, Ortt said that for all Democrats’ claims about President Donald Trump being a threat to democracy, the truth is belied in their own legislation.

    “It’s all about the outcome, not process, democracy, voter participation – they could give a s—. They could give a s—,” Ortt said. 

    TOUGH DECISIONS FOR SANCTUARY CITIES AFTER BONDI’S FUND-WITHHOLDING ORDER

    “I can’t shame them; they have none… 800,000 folks [in Stefanik’s soon-to-be-former district] will not have a representative in Congress ‘til November. That’s a disgrace for a party that says it cares about democracy,” he said, predicting Hochul will use the law to its maximum extent when enacted.

    Ortt said the bill has two different provisions – one for federal elections and one for state legislative elections and ruminated how they could benefit Democrats.

    He pointed out that state Sen. Simcha Felder, D-Brooklyn, is likely to seek an open seat on New York City Council in the politically-moderate, majority-Jewish Borough Park area.

    Felder caucused with Senate Republicans from 2013-18, which gave the GOP a slim, technical majority in Albany for part of former Gov. Andrew Cuomo’s term.

    Ortt said Democrats stand to potentially lose Felder’s Senate seat, which explains the reported two-tiered changes in the bill.

    Meanwhile, Barclay said 44% of New York state voted for Trump and the legislation shows his opposition is still smarting about it.

    GOP RIPS HOCHUL’S INFLATION REFUNDS

    Senate GOP Leader Rob Ortt (Reuters)

    “No, they don’t accept that result,” said Barclay.

    “So they’re going to do everything they can, including depriving 800,000 people of a say in the budget [or] the SALT (tax deduction for high-taxed states) bill.”

    Barclay noted that if Stefanik’s seat remains vacant when the Farm Bill is voted on later this year, a significant portion of New York’s agricultural lands will lack representation.

    But Democrats remained united, with Senate President Andrea Stewart-Cousins saying in a statement that New Yorkers currently face “unprecedented challenges, including the strain on our democracy and our high cost of living.”

    “[T]his legislation is a common-sense approach that saves taxpayer dollars while maximizing voter turnout,” said Stewart-Cousins, D-Yonkers.

    Currently, Hochul has 90 days to call a special election once Stefanik, or Felder, resigns.

    The bill’s text suggested the current special elections’ framework in Albany is an operational and financial drag on counties and taxpayers – additionally citing “voter confusion and fatigue.”

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    Therefore, giving the governor the power to potentially consolidate elections is pertinent.

    As NY1 reported, the bill also does not mandate Hochul – or any governor – to combine special and general or primary elections, but now gives her the power to do so.

    Some in Stefanik’s district, however, believe Ortt’s claims may have substance.

    “By holding up a special election, they’re keeping the North Country from having congressional representation at a critical moment,” state Sen. Dan Stec, R-Queensbury, told Plattsburgh’s NBC affiliate. 

    Stec is one of several Republicans vying for the seat, along with Sticker Mule CEO Anthony Constantino, Assemblyman Chris Tague of Schoharie, and author Liz Joy, who previously ran against Democratic Rep. Paul Tonko in the neighboring Capital Region district.

    Tague told Fox News Digital that Hochul’s political career began via a special election using the same laws Democrats are seeking to change.

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    “She’s tossing them aside to cut backroom deals … leaving the people of Upstate and the North Country without a voice,” Tague said.

    A spokesman for Stewart-Cousins told NY1 that state Democrats will not “be lectured to by a party that openly celebrated the release of violent felons that attempted to overthrow a presidential election and have opposed every single voting reform that increases voter participation.”