Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

Rubio officially kills USAID, reveals future home for foreign assistance programs

by
July 1, 2025
in Latest News
0
Rubio officially kills USAID, reveals future home for foreign assistance programs

USAID will no longer send foreign assistance across the globe, with the State Department taking over any such programs that President Donald Trump’s administration wishes to continue, Secretary of State Marco Rubio announced Tuesday.

Rubio made the announcement in a Tuesday statement, saying USAID had for decades failed to ensure the programs it funded actually supported America’s interests. The State Department will take over foreign assistance programs beginning July 1, he said.

‘Beyond creating a globe-spanning NGO industrial complex at taxpayer expense, USAID has little to show since the end of the Cold War. Development objectives have rarely been met, instability has often worsened, and anti-American sentiment has only grown,’ Rubio wrote.

‘This era of government-sanctioned inefficiency has officially come to an end. Under the Trump Administration, we will finally have a foreign funding mission in America that prioritizes our national interests. As of July 1st, USAID will officially cease to implement foreign assistance. Foreign assistance programs that align with administration policies—and which advance American interests—will be administered by the State Department, where they will be delivered with more accountability, strategy, and efficiency,’ he continued.

The move comes after the Department of Government Efficiency (DOGE) gutted USAID as part of Trump’s effort to remove waste, fraud and abuse from the federal government.

The agency came under fire for many funding choices, including allocating $1.5 million for a program that sought to ‘advance diversity, equity and inclusion in Serbia’s workplaces and business communities’ and a $70,000 program for a ‘DEI musical’ in Ireland.

As a result, Rubio announced on March 11 that the State Department had completed a six-week review and would cancel more than 80% of USAID programs — cutting roughly 5,200 of USAID’s 6,200 programs.

Democrats have blasted the Trump administration’s efforts to trim foreign aid programs, and many activists have protested the plans. Actress Charlize Theron lashed out at the administration on Monday.

‘The world feels like it’s burning because it is,’ Theron said at the annual Charlize Theron Africa Outreach Program Block Party, according to Variety.

‘Foreign aid cuts brought HIV and AIDS programs in my home country of South Africa to an absolute standstill,’ Theron said. ‘All of this is not just detrimental, it’s dangerous. People will lose their lives. Many have already, unfortunately, and at a frightening rate. It’s absolutely heartbreaking to see this kind of unnecessary suffering.’

Theron also criticized recent immigration raids in Los Angeles and claimed that women and LGBTQ people are also under threat of ‘being erased.’

‘Here in Los Angeles, in the U.S. and across the globe, we are moving backwards fast. Immigration policy is destroying the lives of families, not criminals. Women’s rights are becoming less and less every day, queer and trans lives are increasingly being erased, and gender-based violence is on the rise. This isn’t just policy, it’s personal. F— them,’ she said.

Theron emphasized, however, that there is hope in ‘standing up, organizing, protesting, voting and caring for each other, and refusing to accept that this is the new normal.’ She touted her charity as an example.

Fox News’ Diana Stancy and Lindsay Kornick contributed to this report

This post appeared first on FOX NEWS
Previous Post

Mike Johnson readies House vote on Trump’s ‘big, beautiful bill’ amid warring GOP factions

Next Post

Congress must reconcile key differences in both versions of Trump’s signature bill

Next Post
Congress must reconcile key differences in both versions of Trump’s signature bill

Congress must reconcile key differences in both versions of Trump’s signature bill

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

September 4, 2025
Bitcoin Nears $85K Amid Market Optimism

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
TEVI TROY: Celebrating 50 years of presidential mockery

TEVI TROY: Celebrating 50 years of presidential mockery

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
TEVI TROY: Celebrating 50 years of presidential mockery

TEVI TROY: Celebrating 50 years of presidential mockery

November 9, 2025
Senate could take test vote on new spending bill as early as Sunday afternoon

Senate could take test vote on new spending bill as early as Sunday afternoon

November 9, 2025
Reckoning looms for politicians as longest government shutdown persists

Reckoning looms for politicians as longest government shutdown persists

November 9, 2025
Senate in limbo as Thune eyes long haul until shutdown ends

Senate in limbo as Thune eyes long haul until shutdown ends

November 9, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    TEVI TROY: Celebrating 50 years of presidential mockery

    TEVI TROY: Celebrating 50 years of presidential mockery

    November 9, 2025
    Senate could take test vote on new spending bill as early as Sunday afternoon

    Senate could take test vote on new spending bill as early as Sunday afternoon

    November 9, 2025
    Reckoning looms for politicians as longest government shutdown persists

    Reckoning looms for politicians as longest government shutdown persists

    November 9, 2025
    Senate in limbo as Thune eyes long haul until shutdown ends

    Senate in limbo as Thune eyes long haul until shutdown ends

    November 9, 2025

    Top News

    TEVI TROY: Celebrating 50 years of presidential mockery

    TEVI TROY: Celebrating 50 years of presidential mockery

    November 9, 2025
    Senate could take test vote on new spending bill as early as Sunday afternoon

    Senate could take test vote on new spending bill as early as Sunday afternoon

    November 9, 2025

    Latest News

    • TEVI TROY: Celebrating 50 years of presidential mockery
    • Senate could take test vote on new spending bill as early as Sunday afternoon
    • Reckoning looms for politicians as longest government shutdown persists

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.