4 • 4K Ratings
🗓️ 27 March 2025
⏱️ 12 minutes
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0:00.0 | Robert F. Kennedy Jr. announces 10,000 job cuts and a major restructuring of the Department of Health and Human Services. |
0:11.1 | Plus, U.S. economic growth now depends on electricity. |
0:14.8 | Electricity is almost a purely domestically sourced energy supply. And it's also very diverse. |
0:20.0 | Because of these many different modes |
0:21.5 | of electricity, there's no maximal exposure to disruptions in any single mode. And U.S. stocks end |
0:28.6 | lower, as President Trump's planned tariffs rattle the auto industry. It's Thursday, March 27th. |
0:35.1 | I'm Alex O'Sullough for the Wall Street Journal. This is the PM edition |
0:38.3 | of What's News, the top headlines and business stories that move the world today. |
0:46.4 | Robert F. Kennedy Jr. said he will cut 10,000 jobs from the Health and Human Services Department |
0:51.8 | that he leads. It's a move that will reshape the nation's |
0:55.0 | health agencies and close regional offices. These worker cuts, in addition to the roughly 10,000 |
1:00.4 | voluntary departures since President Trump took office, mean that the department will shed about |
1:04.9 | one quarter of its workforce. For more, health reporter Liz Estley White joins me now from Washington. |
1:11.2 | Liz, who will be affected by these cuts? |
1:13.6 | It'll be workers from across the Department of Health and Human Services, |
1:18.1 | including thousands from the Food and Drug Administration |
1:21.9 | and the Centers for Disease Control and Prevention. |
1:26.0 | And we're not quite sure how this will play out. Kennedy has said this |
1:30.0 | will not affect essential health services, but definitely people involved in the work there are |
1:36.0 | worried. Democrats and the union are coming out and saying this will definitely affect health |
1:42.7 | services just because it will slow down the people |
1:46.3 | who do drug approvals and who respond to outbreaks because they'll have less tech support |
... |
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