White House seeks to eliminate Social Security Advisory Board funding

  • April 25, 2025

Investing.com -- The White House is planning to eliminate funding for a bipartisan board that provides advice on Social Security policy to both the president and Congress, according to a Reuters report on Friday. This move is part of the Trump administration’s broader efforts to reduce costs and remove independent voices within the government.

The White House’s Office of Management and Budget has reportedly informed the Social Security Advisory Board’s staff about plans to reduce the board’s yearly budget from approximately $3 million to zero.

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