Treasury Renews Deferred Resignation Offer Ahead of Job Cuts (1)

April 5, 2025, 6:59 PM UTCUpdated: April 6, 2025, 9:17 PM UTC

The Treasury Department is offering some employees a second chance to accept deferred resignation as part of the Trump administration’s efforts to slash the federal workforce.

Treasury employees who received the offer will have one week beginning April 7 to accept it, according to a Friday night email obtained by Bloomberg Law. The offer allows employees to remain on administrative leave and be paid through September, although workers who accept it can “offboard” before then, the email said.

Treasury Department bureaus include the Office of the Comptroller of the Currency, which regulates national banks, as well as the Financial Crimes ...

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