Can one eulogize a federal agency that never existed? The question has the quality of a Zen riddle. But Reuters informs us that the phantasm known as the Department of Government Efficiency, a.k.a.

The budget-slashing Department of Government Efficiency that upended the federal government at the start of President Donald Trump’s second term has stalled out on Capitol Hill, a reality that’s left ...

Every year I get asked what was the biggest story of the year and it can often be a challenge just to pick one. That’s not the case for 2025. The Trump administration blew up the market and its ...