Skip to playerSkip to main contentSkip to footer
  • 7/11/2025
The Federal Emergency Management Agency is under scrutiny as it manages recovery from devastating Texas floods that killed nearly 120 people. President Donald Trump and Homeland Security Secretary Kristi Noem are considering scaling back FEMA’s role, with Noem now personally approving all agency spending over $100,000. FEMA has recently established a task force to mitigate delays caused by the new rule, but some officials argue that it introduces unnecessary bureaucracy. Former FEMA staff cite confusion over leadership and say the agency is shrinking while managing over 700 open disasters. White House spokesperson Karoline Leavitt said discussions about FEMA’s future are ongoing.

Category

🗞
News
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:03The Federal Emergency Management Agency is under scrutiny as it manages recovery from
00:06devastating Texas floods that killed nearly 120 people. President Donald Trump and Homeland
00:11Security Secretary Kristi Noem are considering scaling back FEMA's role, with Noem now personally
00:16approving all agency spending over $100,000. FEMA recently created a task force to prevent
00:21delays caused by the new rule, but some officials say it adds bureaucracy. Former FEMA staff cite
00:27confusion over leadership and say the agency is shrinking while managing over 700 open
00:31disasters. White House spokesperson Caroline Levitt said discussions about FEMA's future
00:36are ongoing. For all things money, visit Benzinga.com.

Recommended