The FED Weekly

Dave Faulk

Welcome to The FED Weekly, the go-to podcast for current and retired U.S. federal employees who need to stay informed on the issues that matter most. In a rapidly changing political landscape, we deliver concise, weekly updates on the legislative, executive, and agency-level actions that have a direct impact on your professional life and financial future.

  1. 6D AGO

    The FED Weekly 15-21 Feb 2026 (Episode 38)

    We cover the latest developments impacting federal employees and retirees. The episode details the ongoing Department of Homeland Security shutdown, highlighting the uncertainty over back pay for furloughed workers due to a recent change in OPM guidance. Updates include a legislative push to expand fertility coverage in FEHB and PSHB plans, as well as the first baseline for the 2027 retirement COLA. The Social Security Administration faces staffing cuts and controversial reassignment of specialists, affecting retirees’ access to services. There's new guidance on Thrift Savings Plan rollover strategies and status updates on OPM retirement processing times. For current employees, the episode discusses the shift towards at-will status for certain career positions under Schedule PC, challenges to union protections, a bill extending federal probationary periods, and a mass lawsuit alleging politically motivated terminations. Legislative news also touches on NASA reauthorization and telework challenges at the VA. Overall, this episode underscores rapid policy changes and ongoing uncertainties shaping retirement, benefits, and workplace rights in the federal sector. (00:00) - Welcome to The FED Weekly (Feb 15–21, 2026) (00:44) -  Issues That Affect Current and Retired Federal Workers (01:09) - DHS Shutdown: Who’s Working, Who’s Furloughed, and the Back Pay Question (03:34) - FEHB/PSHB Fertility Coverage Push: Lawmakers Call for IVF Expansion (04:53) - Early Look at 2027 COLA + FECA Benefit Increase Confirmed (05:57) -  Issues That Affect Retired Federal Workers (08:06) - TSP Retirement Planning: New Roth Conversion Tool and Savings Gaps (09:09) - OPM Retirement Processing Update: Backlogs, Timelines, and Services Online (09:43) -  Issues That Affect Current Federal Workers (11:56) - Union Contracts in the Crosshairs: OPM Memo to Repudiate CBAs (13:14) - Probation Period Overhaul: H.R. 5750 and Two Years Without Full Protections (14:15) - Legal Battles & Appeals Shakeup: Mass Lawsuit + OPM Rules Target MSPB (16:08) - Rapid-Fire Policy Updates (NASA, Congress Pay, VA Telework, DHS Admin Funding) (17:36) - Wrap-Up: What It All Means and How to Stay Informed

    18 min
  2. FEB 16

    The FED Weekly 8-14 Feb 2026 (Episode 37)

    This episode of The FED Weekly covers major developments impacting federal employees and retirees for the week of February 8-14, 2026. Key topics include the partial shutdown of the Department of Homeland Security after Congress failed to pass a funding bill, which left essential staff unpaid and sparked a major union lawsuit. The episode also reports on the end of a ban on federal workforce reductions, a proposed overhaul of the reduction-in-force appeals process, and new guidance for reclassifying high-level positions as “at-will.” Legislative updates include the introduction of the FAIR Act for a 4.1% 2027 pay raise and the ongoing implementation of the Social Security Fairness Act, which is increasing payments for millions of retirees. Other highlights feature new tax rules for 2026, a spike in health insurance premiums, new retirement system efficiencies, workforce modernization initiatives, and the observance of National Salute to Veteran Patients Week. (00:00) - Welcome to The FED Weekly (Feb 8–14, 2026) (00:48) -  Issues That Affect Current and Retired Federal Workers (03:17) - RIF Moratorium Ends + OPM Plan to Centralize Layoff Appeals (05:06) - Schedule Policy/Career: 50,000 Roles Shift Toward ‘At‑Will’ (06:13) - FAIR Act Introduced: Proposed 4.1% Federal Pay Raise for 2027 (07:03) - Federal Workforce Caucus + National Salute to Veteran Patients Week (08:39) -  Issues That Affect Retired Federal Workers (10:05) - COLA vs. Medicare Part B Hike + OPM Retirement Processing Speeds Up (11:53) - SSA Staffing Shortages, New 2026 Tax Changes, and SSI Payment Shift (14:06) -  Issues That Affect Current Federal Workers (15:22) - Tech Force Recruiting, TSP Roth Conversion Tool, and Retirement Expansion Bill (17:35) - Court Ruling for Senior Execs + FEHB/PSHB Coverage & Premium Updates (19:42) - Wrap-Up, Subscribe, and Next Week’s Outlook

    20 min
  3. FEB 9

    The FED Weekly 1-7 Feb 2026, (Episode 36)

    In this episode of The FED Weekly, we deliver a comprehensive update on federal workforce developments for the week of February 1-7, 2026. Key highlights include President Trump signing the $1.2 trillion Consolidated Appropriations Act, ending the partial government shutdown, and stabilizing government operations—though DHS funding remains temporarily unresolved. Federal civilian workers received a 1% pay raise, lagging behind retiree COLA increases. Major legislative movements featured reforms in procurement, early separation incentives for federal employees, and renewed interest in bills addressing retirement fairness and pay raises. OPM issued updated shutdown guidance and introduced Roth-in-Plan conversions to the Thrift Savings Plan. Retirees are facing delays due to a backlog in OPM retirement processing, while healthcare premiums and administrative changes add to their concerns. For current employees, a finalized rule reclassifies many policy-determining roles as at-will, reducing key protections and triggering union protests, alongside stricter performance rating distributions and data calls on union time usage. The episode closes with advice to stay informed as federal workforce policies continue to evolve. (00:00) - Introduction and Overview (00:43) -  Issues That Affect Current and Retired Federal Workers (02:32) - Legislative Developments and Pay Adjustments (03:49) - Thrift Savings Plan and Financial Updates (05:15) -  Issues That Affect Retired Federal Workers (06:45) - Healthcare and Benefit Updates for Retirees (08:22) -  Issues That Affect Current Federal Workers (11:33) - Labor Relations and DHS Funding Deadline (12:11) - Conclusion and Wrap-Up

    13 min
  4. JAN 27

    The FED Weekly 18-24 Jan 2026 (Episode 34)

    In this episode of The FED Weekly, we cover key developments for federal employees and retirees from January 18–24, 2026. The Office of Personnel Management confirmed a modest 1.0% pay raise for federal workers, while locality pay rates remain frozen. The House passed major spending bills, including provisions to extend Medicare telehealth and reform pharmacy benefit managers. Retirees saw updates to IRS tax forms and new guidance on pension rollover rules, along with reminders on how retirement timing impacts cost-of-living adjustments. Federal law enforcement received a 3.8% special salary rate increase, and the Thrift Savings Plan now automates catch-up contributions. Workforce reductions hit several agencies, prompting union legal action, and leadership changes at the Federal Labor Relations Authority may affect union rights. Lawrence emphasizes the importance of staying informed about these evolving policies and benefits. (00:00) - Introduction: Your Weekly Federal Briefing (00:43) -  Issues That Affect Current and Retired Federal Workers (01:06) - 2026 Federal Pay Adjustment Details (03:19) - House Passes Major Appropriations Bills (06:39) - Digital Accessibility Milestones (07:28) -  Issues That Affect Retired Federal Workers (07:43) - IRS Tax Withholding Updates for Retirees (09:32) -  The Importance of Retirement Timing (11:00) -  Issues That Affect Current Federal Workers (11:03) - New Salary Rates for Law Enforcement (12:14) - TSP Spillover Method Implementation (13:08) - Agency Layoffs and Workforce Reductions (14:08) - Legal Challenges and Board Quorums (15:27) - Conclusion: Stay Informed and Engaged

    16 min

About

Welcome to The FED Weekly, the go-to podcast for current and retired U.S. federal employees who need to stay informed on the issues that matter most. In a rapidly changing political landscape, we deliver concise, weekly updates on the legislative, executive, and agency-level actions that have a direct impact on your professional life and financial future.