
May was a good month for every fund in the Thrift Savings Plan. New data from the Federal Retirement Thrift Investment Board shows all 16 accounts returned positive month over month results. The C Fund saw the most with 5.26% while five of the L funds also enjoyed 5% returns. For the year, the "I” fund remains the big winner, growing by more than 16%. Overall, 11 funds are producing returns of more than 10% for 2026.
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Jun 2
6 min

Agencies will soon be able to pay as much as $400,000 a year to certain employees with skillsets in the national security sector. President Donald Trump told the Office of Personnel Management on Friday to establish new regulations to pay experts in specific fields related to supply chain resilience, secure access to critical minerals and advanced technologies and advance priority investment programs essential to our national defense and economic security. The memo says this increase in the top line pay for these positions is necessary to advance the rapid recruitment of the exceptionally skilled investment, engineering, financial and legal professionals needed to expand the nation’s capacity.
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Jun 1
5 min

Some Thrift Savings Plan participants are taking advantage of a new option for Roth in-plan conversions. The Federal Retirement Thrift Investment Board reports that roughly 30,000 TSP participants have converted some of their contributions since the feature launched earlier this year. In a survey, about 93% of TSP participants who used the new conversion option say the process was “easy.”
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May 29
21 sec

Democrats are demanding that the Department of Agriculture secure new childcare options for federal employees. In April, USDA’s current childcare service provider announced it would not renew its contract, closing two childcare centers in the D.C. region in July. But Democrats say USDA has not communicated any plans to offer an alternative to the employees who rely on those centers.
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May 28
7 min

Amid soaring gas prices, a union is urging the Trump administration to allow telework flexibilities for federal employees. The National Treasury Employees Union says a full in-office mandate, coupled with high gas prices, is creating financial burdens for many employees. In a letter to the Office of Personnel Management, NTEU argues that feds should be approved to telework at least until gas prices go back down to normal. The vast majority of federal employees have been working fully in person since 2025, under orders from the White House.
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May 27
6 min

A bipartisan group of senators is trying to make shutdowns more painful for the members of Congress whose votes cause them. Senators James Lankford (R-OK) and Maggie Hassan (D-NH) introduced the Prevent Government Shutdowns Act, requiring lawmakers to remain in Washington D.C. until spending bills are passed. It would also institute automatic 14-day continuing resolutions if spending bills aren’t approved. The legislation was first introduced in 2019 and a companion bill has been introduced in the House.
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May 26
6 min

The House Appropriations Committee wants to reduce EPA's budget for fiscal 2027 by $1.8 billion or 20%. At the same time as part of the Interior, Environment and related agencies spending bill, lawmakers are increasing funding for the Interior Department by almost $700 million. The funding bill also supports President Trump’s effort to unify Interior firefighting entities and cuts funding for climate programs. Additionally, the bill would reduce funding for the Smithsonian Institution, the National Gallery of Art and the National Endowment for the Humanities.
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May 22
7 min

The Office of Special Counsel may be getting a new leader. President Donald Trump has nominated Charles Baldis as special counsel for the OSC. If the Senate confirms him, Baldis will be the first permanent leader at the agency in more than a year. Trump fired Hampton Dellinger, the OSC’s previous special counsel and a Biden appointee, in 2025.
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May 21
7 min

The Senate Committee on Homeland Security and Governmental Affairs passed a reconciliation bill to fund Immigration and Customs Enforcement and Customs and Border Protection for fiscal year 2026. The bill includes $9.5 billion for CBP recruitment and nearly $7.5 billion for ICE recruitment for fiscal 2026. It also includes about $3.5 billion for other CBP operations funding through fiscal 2029, including procurement and implementation of artificial intelligence and machine learning for mission support. The bill passed with a vote of 8 to 5. The reconciliation bill comes after Congress shut down the Department of Homeland Security for a record-breaking 76 days earlier this year.
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May 20
6 min

The Postal Service could offer more government services by partnering with state, local and tribal governments, but the service hasn’t established a formal strategy to take advantage of this. The USPS inspector general says in a new white paper that USPS hasn’t explored these opportunities even though the Postal Reform Act of 2022 gave it the authority to partner with non-federal governments to expand service offerings. The OIG suggests expanding service offerings using the USPS’s already substantial infrastructure, including implementing identity verification for aid programs, DMV and IRS kiosks for assistance and fingerprinting for professional licenses. Post offices could even use their roofs to install internet equipment in disconnected communities and use data sensors on delivery trucks to collect data on road and air quality. The OIG says USPS can look to other countries, like Australia and France, that have successfully developed similar initiatives.
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May 19
8 min
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