
Office of Personnel Management CFO, who manages more than $1 trillion in funds, pushed out of role
CNN
The Office of Personnel Management’s chief financial officer, who manages more than $1 trillion in funds, was pushed out this week, two sources with knowledge of the situation told CNN.
The Office of Personnel Management’s chief financial officer, who manages more than $1 trillion in funds, was pushed out this week, two sources with knowledge of the situation told CNN. Her departure is the latest in a series of top career officials who have been removed from their jobs atop federal agencies by President Donald Trump’s political appointees working in coordination with Elon Musk’s Department of Government Efficiency effort. The CFO, Erica Roach, was asked last week in a meeting with a Trump political appointee if she was someone they could “trust” and if she was “loyal,” according to one of the sources. The source said Roach responded that she “always” does “the right thing.” Roach was not given a reason for why she was removed from her role but rather offered another position that would have been a demotion, the source said. She chose to resign instead. Musk and his team have been focused on federal cash flows in the government as they look to streamline agencies and slash spending. At the Treasury Department, the top civil servant, David Lebryk, left unexpectedly last week after Trump-affiliated officials expressed interest in stopping certain payments made by the federal government, according to three people familiar with the situation. “The only way to stop fraud and waste of taxpayer money is to follow the payment flows and pause suspicious transactions for review. Obviously,” Musk posted on his social media platform X on Monday.

President Donald Trump issued a stark threat to defense contracting companies on Wednesday, saying he would seek to limit stock buybacks and executive salaries unless they improve their delivery of weapons systems to the US military hours before saying he’d decided to substantially increase the defense budget.












