Federal Staffers Must Justify Jobs or Be Fired? & Ozempic Shortage is Over
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Who are the hosts of Morning Brew Daily?
And I'm Anne Barry.
Today, federal employees are scrambling after an email over the weekend asked them to show their work.
And the Oracle of Omaha, Warren Buffett, with Berkshire Hathaway's annual newsletter out, letting us answer the question, what would Warren do?
What is Elon Musk's email to federal employees about?
It's Monday, February 24th. Let's ride. Happy Monday, everyone, and welcome to the show. Neil is still enjoying his much-deserved break, so Anne will be helping steer the ship for the upcoming week. And since we're going to be hanging out for the next few days, do you mind giving our listeners a quick bio? Who is Anne Barry, and how did you end up in this chair across from me?
Well, I'm breaking down the market news for Morning Brew at a franchise called Brew Markets. You'll find us on Instagram, on X, on YouTube right now. And also we have a fabulous daily newsletter coming out at the end of day. Also hosting After Earnings, which is our conversations with CEOs and CFOs at your favorite public companies. So keeping really busy.
Anne hosts a lot of shows. She's very talented. I highly recommend checking out both of the franchises that you're a part of, but thank you so much. You're a natural fill-in from Neil. You look great over there, so I'm excited for our week ahead. Now, a word from our sponsor, LinkedIn Ads. Anne, have you ever been traveling abroad and seen a distinctly American restaurant?
Of course, I was actually just in London, back in my hometown, and I did see a KFC, which is a delicious place, but a long way from Kentucky, Toby.
There's always this dissonance when you see things pop up in places that they shouldn't be. Same goes for ads.
If you're not careful, your B2B ads can wind up in front of some truly bizarre people, and that means mistakes like accidentally serving ads for, quote, cloud servers to servers at Nando's.
Which is what makes LinkedIn ads so helpful. It lets you target and filter your audience by industry, company, and role, so you can cut down on ad waste and avoid a KFC in London sort of scenario.
How are federal agencies responding to Musk's email?
No more spraying and praying and no more Americanized three-piece tender combos near Piccadilly. If you're interested in testing out LinkedIn ads, LinkedIn will give you $100 credit on your next campaign. Just go to LinkedIn.com slash MBD. That's LinkedIn.com slash MBD. Terms and conditions apply only on LinkedIn ads.
If you thought you had a case of the Sunday scaries this weekend, federal workers almost certainly had it worse. 2.3 million government employees checking their email today will be staring down a message from the U.S. Office of Personnel Management asking them to share five bullet points detailing what they accomplished in the last week. The effort was spearheaded by Elon Musk and came with a warning on X that any employee who fails to respond would be treated as having resigned, only adding to the uncertainty. For Elon and Doge, the email is meant to spot, quote, outright fraud from people on the government payroll who aren't actually working. But multiple agencies and unions have pushed back, instructing their workers to hold off on hitting that reply button. New FBI Director Kash Patel told employees not to answer, saying the Bureau would use its own procedures to review employee performance. NOAA and NSA employees were told the same. The State Department is also on the no-reply train. The email told employees to respond by 11.59 p.m.
ET tonight. So as that deadline draws near, it set up a high stakes standoff, putting Musk and Trump's attempts to aggressively downsize the federal government against agency heads who aren't sure how to proceed. And a lot of weight contained in one tiny email.
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Chapters
7 chapters
1
Who are the hosts of Morning Brew Daily?
0:27–0:42
2
What is Elon Musk's email to federal employees about?
0:42–2:21
3
How are federal agencies responding to Musk's email?
2:21–8:02
4
What insights did Warren Buffett share in his annual letter?
8:02–11:35
5
Why is Berkshire Hathaway's cash position significant?
11:35–15:52
6
Is the Ozempic and Wegovy shortage over?
15:52–17:26
7
How will the end of the GLP-1 drug shortage affect the market?
17:26–27:17
Speakers
2 identifiedMore from Morning Brew Daily
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