Hacker News new | past | comments | ask | show | jobs | submit login

Easy: this is political retribution.

USAID: 0.6% of the budget CFPB: 0.011% of the budget

It has nothing to do with saving money and is well beyond the executive order than instantiated the agency.

If all they do is disrupt things enough for some crypto dorks and Russians to make a play it was all worth it.




USAID was the most resistant to an audit which is why they’re getting scrutinized early. Trump literally said today on an interview aired before the superbowl that a department of defense audit is coming up and he expects it to turn up billions to hundreds of billions in waste.


What does “resistant” mean here?

It appears that they passed audit just a few months ago:

> Opinion: Williams Adley concluded that USADF’s financial statements as of September 30, 2024, and September 30, 2023, are presented fairly, in all material respects, and in conformity with U.S. generally accepted accounting principles.

> The audit firm also found no reportable noncompliance with provisions of applicable laws, regulations, contracts, and grant agreements.

> The audit firm found no material weaknesses in internal control over financial reporting but found deficiencies in the internal controls over the Funds Held Outside of Treasury process. We collectively identified these deficiencies as a reportable significant deficiency.

https://oig.usaid.gov/node/7291

It sure looks like retaliation hit job.


There's no way that USAID was more resistant to an audit than DOD.


Why would the DoD be resistant to an audit? They've had un-auditable black budgets for decades and every time someone questions them they pull a new stealth aircraft out of their back pocket


Trump is a liar, he lies about everything. Starting a sentence with “trump said” implies that any concurrence with reality is purely coincidental.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: