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The FED Weekly

The FED Weekly

By: Dave Faulk
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Welcome to The FED Weekly, the go-to podcast for current and retired U.S. federal employees who need to stay informed on the issues that matter most. In a rapidly changing political landscape, we deliver concise, weekly updates on the legislative, executive, and agency-level actions that have a direct impact on your professional life and financial future.© 2026 Dave Faulk Political Science Politics & Government
Episodes
  • The FED Weekly 17-23 May 2026 (Episode 51)
    May 24 2026

    The conversation focused on key legislative, regulatory, and operational developments affecting federal employees and retirees for the week of May 17–23, 2026. Several points were raised, including congressional efforts to address tax burdens associated with retroactive lump-sum payments and proposals to reform Social Security taxation. The discussion explored ongoing debates about pension taxation, cost-of-living adjustments, and complex rules governing Thrift Savings Plan contributions. A key theme that emerged was the contrast between legislative efforts to secure pay raises and the President’s FY 2027 budget, which proposes a pay freeze and significant agency cuts. The conversation highlighted new protections for whistleblowers, union endorsements in election campaigns, and federal building modernization efforts. Issues affecting retirees, such as COLA disparities, healthcare plan suspensions, and the transition to digital retirement platforms, were also covered. Workforce matters included telework policy battles, workplace technology upgrades, increased employee surveillance, and regulatory shifts in reduction-in-force procedures. The week concluded with a reversal of FEMA staffing cuts and legal proceedings related to government misconduct.

    • (00:00) - Weekly Briefing Intro
    • (00:44) -  Issues That Affect Current and Retired Federal Workers
    • (00:47) - Tax Relief for Back Pay
    • (02:57) - Pension and TSP Tax Basics
    • (05:18) - Webinars and Aid Resources
    • (06:53) - Whistleblower Bill Update
    • (08:11) - Union Endorsements Push
    • (11:35) - Federal Buildings and Public Works
    • (12:46) -  Issues That Affect Retired Federal Workers
    • (12:53) - Retiree COLA Gap
    • (15:05) - FEHB vs Medicare Advantage
    • (15:58) - Benefits Platforms Go Digital
    • (16:47) -  Issues That Affect Current Federal Workers
    • (16:54) - 2027 Pay Raise Fight
    • (19:23) - RIF Rules and Real Impacts
    • (23:47) - Telework Return-to-Office Clash
    • (25:50) - Tech Hiring and Surveillance
    • (28:30) - House Bills for Workers
    • (30:20) - FEMA Reversal and Fraud Case
    • (31:33) - Wrap Up and Next Week
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    32 mins
  • The FED Weekly 10-16 May 2026 (Episode 50)
    May 18 2026

    We deliver the latest updates affecting federal employees and retirees for the week of 10-16 May 2026. The Senate approved a rule to withhold Senators’ pay during future shutdowns, echoing concerns about the disconnect between lawmakers and affected federal workers. Ongoing shutdowns caused a significant backlog in retirement claims. A new TIGTA report highlighted rising federal employee tax delinquency, with proposed measures to enable interagency sharing of noncompliance data. The IRS issued guidelines for Trump Accounts—a new retirement vehicle for minors—launching July 2026. Retirees received guidance on FEHB suspensions for Medicare Advantage and the 2026 cost-of-living adjustments: 2.8% for CSRS, 2% for FERS. Tammy Flanagan underscored the benefits of delaying retirement and Social Security claims for higher payouts. New legislation would protect employee credit during shutdowns and introduce voluntary short-term disability insurance. The fiscal year 2027 spending bill proposes a civilian pay freeze despite an alternative 4.1% raise. Wildland firefighter hazard pay and EEOC/MSPB settlement review initiatives were outlined, alongside tightening of telework policies and a proposed ban on DC congestion tolls. Speaker A emphasized the ongoing, shifting landscape and encouraged listeners to stay informed.

    • (00:00) - Welcome and Weekly Briefing
    • (00:43) -  Issues That Affect Current and Retired Federal Workers
    • (00:47) - Shutdown Pay Rule and Funding Lapses
    • (02:03) - Shutdown Backlogs and Retirement Claims
    • (02:32) - Federal Tax Debt Crackdown
    • (04:17) - Trump Accounts and Duplication Oversight
    • (05:43) -  Issues That Affect Retired Federal Workers
    • (07:11) - Why Delaying Retirement Pays
    • (08:37) - Social Security TSP and Best Dates
    • (11:18) -  Issues That Affect Current Federal Workers
    • (13:10) - 2027 Pay Freeze and Hazard Pay
    • (15:25) - MSPB Telework and Commuter Tolls
    • (16:59) - Wrap Up and Subscribe
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    18 mins
  • The FED Weekly 3-9 May 2026 (Episode 49)
    May 10 2026

    In this episode, we cover the latest developments impacting federal employees and retirees for the week of May 3–9, 2026. The episode spotlights Public Service Recognition Week, overshadowed by controversy over the Office of Personnel Management’s (OPM) new data policy requiring insurance carriers to submit unredacted medical records, raising privacy and HIPAA concerns from lawmakers and advocacy groups. The “One Big Beautiful Bill Act” (OBBBA) milestones are discussed, including expanded telehealth, HSA eligibility, and DPC benefits. Tax reforms under the OBBBA, such as increases in SALT deduction caps and tax breaks on overtime, are highlighted. The Social Security Fairness Act’s repeal of the WEP and GPO is explained, with updates on retroactive payments and ongoing challenges for retirees navigating benefit adjustments. The Postal Service’s funding crisis and the expansion of pharmacy benefits for compensation program enrollees are addressed. For current employees, the episode details the new Schedule PC employment category removing due process rights, proposed forced distribution performance ratings, the push for a 2027 pay raise, expanded fertility benefits, and the Federal Retirement Fairness Act’s progress.

    • (00:00) - Weekly Briefing Intro
    • (00:43) -  Issues That Affect Current and Retired Federal Workers
    • (01:37) - OPM Medical Data Firestorm
    • (04:00) - OBBBA Health And HSA Changes
    • (06:18) - Taxes And USPS Retirement Alarm
    • (08:01) -  Issues That Affect Retired Federal Workers
    • (11:31) - Medicare Deductions And Medicaid Rules
    • (12:57) -  Issues That Affect Current Federal Workers
    • (13:00) - Schedule P C And Performance Overhaul
    • (14:59) - Pay Raise IVF And Retirement Buyback
    • (16:57) - Wrap Up And Subscribe
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    18 mins
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