Business · Important news for 26 August 2026
Trump instructs Pentagon to cut military drills with South Korea
Tesla and other firms caught up in massive car recall in China
UK announces 70,000 social and affordable homes under £39bn plan
Former IRS boss warns of lasting impact from DOGE workforce cuts
Former IRS leadership warns that the Department of Government Efficiency's cuts beginning in February 2025, which slashed over a quarter of the tax agency's workforce, will be felt for years.
- DOGE slashed more than a quarter of the IRS 100,000-person workforce starting in February 2025.
- Former IRS boss warns the impact will be felt in years to come.
That's all the important news for now
Everything above cleared the significance threshold. You're free.