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Reading: Trump seeks to put hundreds of federal properties up for sale
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inkeinspires.com > Business > Trump seeks to put hundreds of federal properties up for sale
Business

Trump seeks to put hundreds of federal properties up for sale

MTHANNACH
Last updated: March 5, 2025 1:40 am
MTHANNACH Published March 5, 2025
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Senator Markwayne Mullin, R-Okla., Responds to several Democrats who plan to boycott the address of President Donald Trump at the “results” congress.

The Trump administration identified Tuesday 443 federal properties which will eventually be sold, including the headquarters of the FBI and the Labor and Justice services, while the president continues to reduce the federal government.

The General Services Administration has published Le “non-heart“The properties, which are located in 47 states, as well as Washington, DC and Puerto Rico, totaling around 80 million square feet, reported Bloomberg.

Washington DC gets `Trump Bump ” on the luxury house market

The headquarters of the Ministry of Energy is seen behind the sign marking the location of the building in Washington, DC, the building is on a list of federal properties potentially for sale. (J. David Ake / Getty Images / Getty Images)

“We identify buildings and installations that are not fundamental for government operations or non -essential properties for elimination,” said GSA on its website. “The sale guarantees that the dollars of taxpayers are no longer spent for vacant or underused federal spaces. The dissemination of these assets helps to eliminate costly maintenance and allows us to reinvest in high-quality work environments that support agency missions.”

The agency said that a sale could potentially save more than $ 430 million in annual operating costs.

Among the list of properties are the head office of Washington for the energy departments, agriculture, the building of the American Red Cross and the staff management office.

Manufacturers are concerned with new prices and effects on material costs

President Donald Trump speaks in the Roosevelt room.

President Donald Trump speaks in the Roosevelt room of the White House in Washington, DC, on March 3, 2025. (Roberto Schmidt / AFP via Getty Images / Getty Images)

GSA even fertures its own seat for sale.

It also includes large office buildings in Chicago, Atlanta, Cleveland and Los Angeles.

The decision to sell the properties seems to be linked to President Donald Trump’s efforts to reduce the magnitude of the federal government.

Since 2015, the government has sold more than 1,000 properties, Bloomberg has reported. In December, the Biden administration offered to sell eight federal buildings.

The founder and general partner of the Connor group discusses what must happen to release the housing market and the impact of regulations on the reconstruction of California following forest fires.

Get Fox Affairs on the move by clicking here

It is not known how long sales could occur, according to the media. Federal law dictates that surplus goods are offered to other federal agencies, governments of states and premises, homeless shelters and other non -profit organizations before being able to be sold in private.

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