Trump to Sign Executive Order to Overhaul or Abolish FEMA, Calls Agency 'a Disaster'
Jan 24, 2025, 06:12 PM
President Donald Trump announced plans to sign an executive order to fundamentally reform or possibly eliminate the Federal Emergency Management Agency (FEMA). During his visit to hurricane-damaged North Carolina on January 24, 2025, Trump labeled FEMA as a "disaster," stating, "FEMA has turned out to be a disaster." He criticized the agency as "very bureaucratic" and "very slow," adding, "I think we're going to recommend that FEMA go away." Trump proposed that states should take care of disasters without relying heavily on federal assistance, suggesting that governors can handle emergencies more efficiently. He was visiting areas impacted by Hurricane Helene.
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Markets
Yes • 50%
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Official announcements from FEMA or government press releases detailing restructuring
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Public statements or press releases from state governors
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Official announcements from the White House or government press releases
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