USAID headquarters in Washington was shut down after Elon Musk announced President Trump agreed to close the agency. Musk and Trump criticized USAID for alleged misuse of funds and political agendas. The agency's website disappeared, and Trump froze foreign assistance spending for 90 days. USAID's budget for 2023 was around $40bn, with 10,235 employees in 2016.
Key Points
Elon Musk announced closure of USAID headquarters
Criticism from Trump and Musk regarding alleged misuse of funds
Trump's freeze on foreign assistance spending for 90 days
USAID's budget for 2023 was approximately $40bn
10,235 employees reported in 2016
Pros
Addressing potential misuse of funds
Efforts to reduce waste in federal government
Cons
Disruption to USAID operations
Concerns about impact on humanitarian and development programs