Fed Hiring Freeze

[Anonymous]

Watching this now on MSNBC. That's what he said in case people wanted a confirmation

Anonymous wrote:So on the Spicer Press Conference he states the Federal Govt hiring freeze was put in place because government work is duplicative and so that taxpayer money is not wasted for those that are working really hard. Unreal!

[Anonymous]

How will this affect defense contractors, if at all? DH is due to start a new job with a defense contractor in 2 weeks.

[Anonymous]

Boom goes the dc real estate mkt

[Anonymous]

Well pp, effects may not be immediate, but when the feds cut...they often also cut gov't contracts. Last in/first out.

[Anonymous]

Anonymous wrote:Boom goes the dc real estate mkt

We've had several hiring freezes and the sequestration. Hasn't tanked the real estate market yet.

[Anonymous]

Does this affect the financial regulators?

[Anonymous]

Anonymous wrote:How will this affect defense contractors, if at all? DH is due to start a new job with a defense contractor in 2 weeks.

It will probably be easier to get a contractor job now, as hiring freezes force agencies to resort to contractors (more expensive) to get the work done. A hiring freeze to "save taxpayer money" is a fool's errand; it actually costs money and results in lower productivity. Agencies are already struggling as it is after department level hiring freezes, sequestration, and budget cuts.

[Anonymous]

Anonymous wrote:Does this affect the financial regulators?

Why wouldn't it? (I'm in one of those agencies.)

[Anonymous]

Anonymous wrote:Does this affect the financial regulators?

Some of them, yes. Many are "self funded" though. Or have some kind of "independence" rule that Trump would need to break through legislatively first.

[Anonymous]

The Obama pay raise...will that be cut after this next pay check??

[Anonymous]

I'm up for a step increase next month. Is that off the table now?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Does this affect the financial regulators?

Some of them, yes. Many are "self funded" though. Or have some kind of "independence" rule that Trump would need to break through legislatively first.

While that is true, I think most will still enact the hiring freeze. Why stick their necks out? It will make them a target.

[Anonymous]

Anonymous wrote:The Obama pay raise...will that be cut after this next pay check??

No, it's already posted on OPM. It had already been enacted.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Does this affect the financial regulators?

Why wouldn't it? (I'm in one of those agencies.)

Then you should know the answer. The financial regulators are self funded.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does this affect the financial regulators?

Some of them, yes. Many are "self funded" though. Or have some kind of "independence" rule that Trump would need to break through legislatively first.

While that is true, I think most will still enact the hiring freeze. Why stick their necks out? It will make them a target.

They may curtain hiring. But they won't exactly follow the freeze. It truly depends on what the agency is tasked with implementing. A hiring freeze will happen by default if Trump rolls back regulations since there will be less work to do.