SAN FRANCISCO , Dec. 19, 2024 /PRNewswire/ -- Carlsquare announced its role as exclusive financial advisor to Boomi, the intelligent integration and automation leader jointly owned by Francisco Partners and TPG, on its acquisition of Rivery, an advanced data integration provider offering cutting-edge Change Data Capture (CDC) for real-time, efficient data movement. Founded with a mission to streamline data management, Rivery enables organizations to deploy data pipelines efficiently by utilizing ELT capabilities. With its innovative solutions, Rivery has established itself as a leader in simplifying data management through real-time data integration and advanced CDC technology. The acquisition represents a significant milestone for Boomi as it accelerates its vision to simplify data management, allowing customers to consolidate on fewer vendors and address evolving data management needs in the age of data-driven decision-making and AI. "This acquisition marks an important milestone for Boomi as we expand our platform to address the evolving data management needs of businesses in the age of data-driven decision-making and AI. Carlsquare's expertise and dedication through the entire process was a critical success element. Their deep understanding of the automation and data sectors enabled them to be true champions of our success," said Steve Lucas , Chairman and CEO of Boomi. Susan Blanco , Managing Partner at Carlsquare, added, "Boomi's acquisition of Rivery underscores the growing importance of advanced data integration solutions. We are proud to have delivered an exceptional outcome for Boomi and its stakeholders as they continue to lead in the intelligent integration and automation space." About Boomi: Boomi is the intelligent integration and automation leader, helping organizations around the world streamline critical processes to achieve business outcomes faster. The Boomi Enterprise Platform harnesses advanced AI capabilities to seamlessly connect systems and manage data flows with API management, integration, data management, and AI orchestration in one comprehensive solution. For more information, visit www.boomi.com . About Carlsquare: Carlsquare is a global technology investment bank with over 20 years of experience advising companies and their shareholders on M&A, capital markets, and strategic matters. With 170+ bankers across 8 countries, Carlsquare provides unparalleled access to investors, private equity partners, and strategic buyers. For more information, visit www.carlsquare.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/carlsquare-advises-boomi-on-acquisition-of-data-integration-provider-rivery-302336746.html SOURCE Carlsquare, LLCWith President Joe Biden pardoning his son Hunter on Sunday night, it joins a list of controversial presidential pardons issued throughout the nation’s history The president said the gun and tax charges that were brought against his son were politicized, while his son offered a statement of his own saying that he was addicted to drugs at the time and has since sobered up. The pardon not only covers the two cases but any potential criminal activity between Jan. 1, 2014, and Dec. 1, 2024. The pardon covered Nixon’s activity during the Watergate scandal. Ford said in a televised statement at the time that pardoning his predecessor was in the best interest of the country. On the same day, Clinton also pardoned commodities trader Marc Rich, who had fled the United States to Switzerland after he was indicted in 1983 on charges of evading millions of dollars in taxes. Rich was also accused of allegedly trading with Iran while the regime was holding American hostages in the late 1970s. At the time, the Brookings Institute noted, members of Clinton’s own Democratic Party were incensed by the Rich pardon. The move drew significant criticism at the time. Sen. Barry Goldwater (R-Ariz.), a supporter of the Vietnam War and a one-time presidential candidate, said Carter’s move was the “most disgraceful thing that a president has ever done.” Among those who received pardons included then-Defense Secretary Caspar Weinberger and then-White House national security adviser Robert McFarlane. The moves drew significant backlash in the media and among Democratic lawmakers. Trump said that the pardons were necessary because Stone and the others faced biased prosecutions, according to a White House statement issued at the time. Stone had faced “prosecutorial misconduct by Special Counsel [Robert] Mueller’s team” and was “treated very unfairly,” Trump wrote at the time. “He was subjected to a pre-dawn raid of his home, which the media conveniently captured on camera. Mr. Stone also faced potential political bias at his jury trial.”By Eng. Jacob Kudzayi Mutisi | Strive Masiyiwa’s journey to establishing a successful mobile network in Zimbabwe is a testament to resilience and vision. His battle for a mobile operating license in the late 1990s is a story of determination against adversity. After applying for a licence in 1997, Masiyiwa faced years of bureaucratic hurdles, political resistance and attempts to undermine his efforts. Despite these challenges, he persevered and in 1998, his company, Econet Wireless, launched Zimbabwe’s first private mobile network. This achievement not only transformed telecommunications in Zimbabwe but also marked the emergence of a new era of entrepreneurship. However, as Masiyiwa’s success grew, so did the glaring absence of acknowledgment from his own government. The irony is striking, Zimbabwe has welcomed foreign investments, particularly from nations like China, UAE, Belarus and Russia with open arms. Yet, homegrown talent like Masiyiwa has remained largely unrecognised by the Zimbabwean government. President Emmerson Mnangagwa has never publicly mentioned Masiyiwa when discussing investment opportunities, nor has he offered him any ministerial role or board position in state-owned enterprises. This lack of recognition raises critical questions about the government’s priorities in fostering local entrepreneurship. The message being sent is troubling. It appears that Zimbabwean leaders are more inclined to embrace foreign investors while neglecting their own citizens. This dynamic creates a sense of disillusionment among local entrepreneurs who see their efforts overlooked in favour of foreign nationals. By favouring foreign investments, Zimbabwe risks becoming its own coloniser, sidelining the very individuals who could lead the country’s economic turnaround. Strive Masiyiwa is not just a successful businessman, he embodies the potential of Zimbabwean entrepreneurship. His contributions extend beyond the telecommunications sector. He is involved in various philanthropic endeavours, focusing on education, healthcare and economic empowerment. His influence reaches international borders, as evidenced by his appointments to prestigious global boards, including the African Union and the World Economic Forum. These recognitions highlight the potential that international leaders see in his potential that, unfortunately, seems to be lost on Zimbabwean authorities. The question arises, “when will Zimbabwe celebrate its first homegrown billionaire?” The country has the talent and resources to produce many more successful entrepreneurs like Masiyiwa. However, this potential can only be realised if the government actively supports local businesses and recognises their contributions to the economy. It is time for President Mnangagwa and his administration to reassess their approach to local entrepreneurship. Bringing Strive Masiyiwa into discussions about economic policy and economic development could provide invaluable insights to rejuvenate Zimbabwe’s struggling economy. By embracing local talent, the government would send a powerful message to the world, that Zimbabwe values its own resources and is committed to fostering a conducive environment for its entrepreneurs. The path forward for Zimbabwe lies in recognising and supporting its own billionaires like Strive Masiyiwa. The nation has the potential to thrive economically if it can shift its focus from foreign reliance to local empowerment. Addressing this imbalance is not just a matter of national pride, it is essential for the sustainable development of Zimbabwe’s economy. We need a change of attitude towards our own, Now, izvozvi, Katesi. Engineer Jacob Kudzayi Mutisi
AQABA, Jordan (AP) — Top U.S. officials were in the Middle East on Thursday, pushing for stability in Syria and an end to Israel’s 14-month war in the Gaza Strip in a last-ditch diplomatic push by the outgoing Biden administration before President-elect Donald Trump takes office in a few weeks. Secretary of State Antony Blinken was in Jordan and Turkey for talks on how to ensure a peaceful transition of power in Syria following the ouster of longtime President Bashar Assad , while White House national security adviser Jake Sullivan was in Israel in a bid to wrap up a ceasefire with Hamas militants. A ceasefire would give President Joe Biden a final diplomatic victory after a turbulent term in which his administration has been unable to halt a brutal war that has claimed tens of thousands of lives in Gaza and plunged the territory into a humanitarian crisis. Trump has demanded the immediate release of hostages , threatening on social media that otherwise there would be “HELL TO PAY,” and has urged the U.S. not to get involved in Syria , where some 900 troops are based to combat the Islamic State militant group. Speaking to reporters in Tel Aviv, Sullivan expressed cautious optimism that conditions were ripe for halting the long-running conflict before the Biden administration leaves office. “I wouldn’t be here now if I didn’t think this thing was just waiting until after January 20,” he said of when Trump will be inaugurated. The war erupted with Hamas’ Oct. 7, 2023, cross-border attack, in which militants killed some 1,200 people in Israel and took 250 others hostage. Israel’s retaliatory offensive in Gaza has killed nearly 45,000 Palestinians, more than half of them women and children, according to Gaza health officials, caused widespread displacement and led to severe hunger across the territory. U.S.-led ceasefire efforts have repeatedly faltered throughout the war, with the warring sides blaming each other for the failure. Israel has said it is seeking the destruction of Hamas’ governing and military capabilities, at times pressing ahead with the offensive in the face of U.S. calls for restraint. Hamas, meanwhile, has stuck to its demands that any ceasefire include a permanent end to the fighting and full withdrawal of Israeli forces from Gaza. The U.S. has backed Israel with key military and diplomatic support. But at times, it also has appeared helpless in urging Israel to minimize civilian casualties and to enable the delivery of more humanitarian aid into Gaza . Sullivan said the rapid-fire changes across the region have improved the chances for success. He said Israel’s ceasefire with Hezbollah last month, ending more than a year of fighting, the collapse of Syria’s government and the heavy blow Israel has inflicted on Hamas have all changed the negotiating climate. He also said there has been good cooperation with the incoming Trump administration , with widespread agreement between them. “The surround sound of these negotiations is different today than it has been in the past,” Sullivan told reporters after meeting with Prime Minister Benjamin Netanyahu. “I got the sense from the prime minister that he’s ready to do the deal,” Sullivan added. “We see movement from Hamas.” Sullivan is now scheduled to head to Qatar and Egypt, which have served as mediators throughout the war. Any deal would include the release of hostages held by Hamas, an exchange of Palestinian prisoners held by Israel and a surge in badly needed humanitarian aid into Gaza. Israel says Hamas is holding about 100 hostages — at least one-third of whom are believed to have died. As Sullivan was in Israel, Blinken met with Jordanian and Turkish leaders to push for a peaceful transition of power in post-Assad Syria. “We’re back in the region at a time of both real promise but also peril for Syria and for its neighbors,” Blinken told reporters in Aqaba, Jordan, after meeting with King Abdullah II. He said the U.S. was working with its regional partners to help Syria “transition away from Assad’s brutal dictatorship” and toward a new government that isn’t dominated by any single religious or ethnic group, by an outside power or the Islamic State militant group. “We’re determined to do everything we can, working in close coordination with partners, to help the Syrian people realize that aspiration,” Blinken said. Syria is home to an array of armed groups with competing interests and allies. In northern Syria, U.S.-backed Kurdish separatists are battling to fend off fighters supported by Turkey. In the country’s center and northeast, the extremist Islamic State group maintains a presence that generates concern for the U.S. And the rebels, hailing mainly from the Sunni Muslim majority in Syria, face the daunting task of creating a transitional government for the war-ravaged country. The leader of Syria’s biggest rebel faction is a former al-Qaida commander whose Hayat Tahrir al-Sham group is poised to chart the country’s future. The U.S. and the U.N. have designated the hardline Sunni Islamist group a terrorist organization. The goal of creating a free and pluralistic Syria will be a challenge given the bad blood stretching across Syria’s sectarian lines after over half a century of Assad family rule and more than 13 years of civil war that claimed an estimated 500,000 lives. Blinken started his trip in Jordan, a close U.S. ally whose fragile economy has been strained over the years by an influx of hundreds of thousands of Syrian refugees. He then went to Turkey — a backer of Sunni rebels but a foe of the Kurds. In a late-night meeting with Turkish President Recep Tayyip Erdogan in a VIP lounge at Ankara’s airport, Blinken pressed the importance of keeping up the fight against IS. Officials called it an effort to urge the Turks not to launch military operations against U.S.-backed Kurdish rebels who Washington believes have been critical to battling IS. Blinken “emphasized the need to ensure the coalition to defeat ISIS can continue to execute its critical mission,” the State Department said, using another acronym for the Islamic State group. Israel, meanwhile, has sent troops into Syria — its northern neighbor — and seized a former buffer zone that had been demilitarized since a 1974 truce. Israel has described it as defensive, meant to protect its border and prevent armed groups from seizing weapons left behind by Assad’s army. Netanyahu said Thursday that the move was temporary. But he said Israel would remain inside Syria until another party can secure the border, raising the likelihood of a prolonged and open-ended presence. Sullivan tried to play down the Israeli move, noting that Assad was toppled just days ago and it is too early to jump to any conclusions. But Blinken was more cautious as he called for restraint by all regional players with interests in Syria. He said the U.S. is “already talking to Israel” and others about the future of Syria. “Across the board, when it comes to any actors who have real interests in Syria, it’s also really important at this time that we all try to make sure that we’re not sparking any additional conflicts,” he said. Federman reported from Jerusalem. Associated Press writer Chris Megerian contributed from Washington.LOS ANGELES--(BUSINESS WIRE)--Dec 19, 2024-- Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced the appointment of David Anderman to the Company’s board of directors effective December 17, 2024. Mr. Anderman served as Chief Legal Officer of Surf Air from June 2023 to May 2024. Mr. Anderman currently serves as the Co-Founder and General Partner of Stellar Ventures, a venture fund investing in the next generation of space entrepreneurs. Mr. Anderman was General Counsel of SpaceX from June 2019 to December 2020, during which time he supported the launch of satellite internet network Starlink and the launch of NASA astronauts to the International Space Station. Prior to SpaceX, Mr. Anderman served 16 years at Lucasfilm Ltd., starting as the junior lawyer and rising through the ranks to become General Counsel and Chief Operating Officer. He negotiated the deal to sell Lucasfilm to the Walt Disney Company in 2012. He has held C-level positions at a series of technology startups. Mr. Anderman began his career as an intellectual property litigator in Silicon Valley. “David Anderman brings valuable experience, insight, and expertise to our board of directors, and to our SurfOS AI-powered software being developed with Palantir to revolutionize aviation management with all-in-one software,” said Carl Albert, Chairman of Surf Air Mobility. About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility platform and the largest commuter airline in the U.S. by scheduled departures as well as the largest passenger operator of Cessna Caravans in the U.S. In addition to its airline operations, Surf Air Mobility is currently developing an AI powered airline software operating system and is working toward certification of electric powertrain technology. Surf Air Mobility plans to offer our technology solutions to the entire regional air mobility industry to improve safety, efficiency, profitability and reduce emissions. Forward-Looking Statement This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company and reflect the Company’s current views concerning future events. As such, they are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. These and other risks are discussed in detail in the periodic reports that the Company files with the SEC, and investors are urged to review those periodic reports and the Company’s other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov , before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241219296051/en/ CONTACT: Surf Air Mobility Media Contacts Presspress@surfair.com Investors:investors@surfair.com KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: DATA MANAGEMENT AIR TECHNOLOGY TRANSPORT SOFTWARE ARTIFICIAL INTELLIGENCE SOURCE: Surf Air Mobility Inc. Copyright Business Wire 2024. PUB: 12/19/2024 04:15 PM/DISC: 12/19/2024 04:13 PM http://www.businesswire.com/news/home/20241219296051/enRepublic Welcomes James Newman as General Partner - Fund Manager & VP of Operations
Vertiv Holdings Co's Anand Sanghi sells $4.37 million in stock
NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global tiny homes market size is estimated to grow by USD 4.82 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 5.37% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview 1.1 Mobile tiny homes 1.2 Stationary tiny homes 2.1 Home use 2.2 Commercial use 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: The mobile tiny homes market has experienced significant growth in recent years, driven by the affordability and ease of use of these homes. Mobile tiny homes are built in factories and transported on wheels or trucks to the desired location, making them a popular option in the affordable housing market. The US and Australia are the largest contributors to the global mobile tiny homes market. The increasing cost of conventional houses and the need for savings among retirees are key factors driving demand. Tiny Home Builders is one vendor providing custom-built, mobile, road-legal tiny houses in Europe and the UK. The advantages of mobile tiny homes include affordability, ease of maintenance, environmental friendliness, and flexibility. Vendors like The Tiny Housing Co offer various models, such as the Alpine, which is 13 feet long and 8.5 feet wide, equipped with essential appliances. Enhanced product offerings will intensify competition and boost market growth. Analyst Review The Tiny Homes Market offers affordable and sustainable housing solutions for individuals seeking minimalist living options. This housing trend, also known as the Tiny-House Movement, downsizing and eco-friendly designs. Handcrafted lofts and humble abodes are popular choices, reflecting the Handcrafted Movement's influence. Sustainability is a key focus, with resources conserved through mass customization and personalization. Construction materials are carefully selected for their durability and environmental impact. Rental facilities and land are essential resources for those unable to own their own homes. Sustainable development and eco-friendly designs are crucial, as inflation and rising living costs make affordable housing solutions increasingly important. Tourism activities surrounding tiny homes add to their allure, showcasing unique and innovative residential buildings. Market Overview The Tiny Homes Market is experiencing significant growth due to the Handcrafted Movement and the increasing preference for minimalistic living among Millennials. Lofts and custom-built Tiny Homes are popular housing solutions for Individuals and large families, offering affordability and sustainability. Construction materials, such as Concrete and Cube Two Prefab, are in high demand for both Mobile Tiny Homes and Stationary Tiny Homes. Consumer Behavior indicates a shift towards eco-friendly designs and Sustainable development. Customization and innovation are key trends, with Mass customization and Personalization allowing buyers to create unique living spaces. Tourism Activities and Remote work are driving the demand for Tiny Homes as versatile living spaces. However, market restraints include Rental inflation, Resale problems, and Raw Material Shortage. Economic Slowdown and Inflation are also factors affecting the market. The Tiny-House Movement continues to gain momentum, with 3D printing technology offering new possibilities for Residential Buildings. Tiny Home Builders are offering Affordable Living Options and Sustainable living solutions, appealing to those seeking a minimalist lifestyle and Flexibility and mobility. The market for Tiny Homes is diverse, catering to both Home Use and Commercial Use. With the focus on affordability, versatility, and Sustainability, the future of the Tiny Homes Market looks bright. To understand more about this market- Download a FREE Sample Report in minutes! 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 11.1 Skyline Champion Corporation 11.2 CargoHome, 11.3 Tiny SMART House, Inc 11.4 Tumbleweed Tiny House Company 11.5 Berkshire Hathaway Inc 11.6 Aussie Tiny Houses 11.7 Mustard Seed Tiny Homes LLC 11.8 Mini Mansions Tiny Home Builders LLC 11.9 Cavco Industries, Inc 11.10 Nestron 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
This holiday season, be thankful for the taxpayer protections we have in California
President-elect Donald Trump has has pledged to take a chainsaw to the vast federal bureaucracy when he returns to the White House in January, potentially bringing drastic changes to how the government operates, as well as the millions of Americans across the country who help operate it. Trump announced plans to appoint Elon Musk and Vivek Ramaswamy to lead a Department of Government Efficiency aimed at cutting bureaucracy and red tape. In a post to Truth Social, Trump wrote that the agency would "slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies." This would have wide-reaching implications for millions of federal workers across the country, many of whom are already feeling anxiety about their job security when Trump takes office. The federal government employed an estimated three million workers as of October, according to the latest data from the Federal Reserve Bank of St. Louis. In a Wall Street Journal opinion piece, Musk and Ramaswamy outlined some of their plans to overhaul the federal government , writing that they would consider "large-scale firings," the relocation of federal agencies outside of Washington, D.C. and the end of remote work for federal workers . "The number of federal employees to cut should be at least proportionate to the number of federal regulations that are nullified: Not only are fewer employees required to enforce fewer regulations, but the agency would produce fewer regulations once its scope of authority is properly limited," the opinion piece reads. They added that those employees who would be fired "deserve to be treated with respect" and that the agency "help support their transition into the private sector. The president can use existing laws to give them incentives for early retirement and to make voluntary severance payments to facilitate a graceful exit." Newsweek reached out to the Trump-Vance transition team for comment via email. Most civil workers for the federal government live and work in and around the capital, according to data from the U.S. Office of Personnel Management included in a Congressional Research Services report. At the end of February 2024, there were about 162,000 federal employees in Washington, D.C., nearly 143,000 in Maryland and 144,000 in Virginia, according to the report. The report into state-by-state figures only included civilian federal employees, meaning it did not account for federal law enforcement agencies, as well as other more "sensitive" operations. It also did not account for postal service workers and most legislative and judicial branch employees. If Trump succeeds in his plans to overhaul the federal government, those numbers could drop. In March 2023, he pledged to continue efforts "to move parts of the federal bureaucracy outside of the Washington Swamp. "Up to 100,000 government positions could be moved out of Washington," his campaign wrote in a press statement. In 2019, during Trump's first tenure in the White House, his administration moved the Bureau of Land Management (BLM) to Grand Junction, Colorado. About 87 percent of the agency quit instead of moving, The Washington Post reported at the time. The Biden administration ended up moving BLM headquarters back to D.C., but it still maintains a presence in western Colorado. Plans like this aimed at restructuring the bureaucracy will likely be met with pushback from federal employees, and indeed already have. Reuters reported that unions are preparing public campaigns and hiring lawyers to prevent mass layoffs. Reports suggest plans are already creating unease among federal workers who are concerned about whether their jobs may be cut by the incoming administration. Nicole Cantello, a union president representing workers of the Environmental Protection Agency, told NPR that workers are "apprehensive and fearful" as Trump's second term in office approaches. Representative Jamie Raskin, a Maryland Democrat, told D.C.-based news station WTOP that members of Congress representing areas near D.C. are seeing "tremendous concern in all of our districts about what looks like a full-fledged assault coming on the professional civil service." Which Federal Agencies Employee the Most People? The U.S. Postal Service (USPS) and Department of Veterans Affairs (VA) are the two largest federal agencies by headcount. The VA employs more than 468,000 people, according to the U.S. Office of Personnel Management. This includes bureaucrats in D.C., but also healthcare workers and others who administer benefits to veterans across the country. Trump critics are raising concerns that veteran healthcare could be among the programs cut by the Department of Government Efficiency . USPS, meanwhile, employs more than 525,000 people. More than 750,000 work for the Department of Defense, which includes the DOD's civilian workforce but not active military. The Department of Justice (DOJ) counts more than 116,000 staff. The DOJ has become a target of Trump's criticism after he was charged in two criminal cases, one focusing on his actions surrounding the January 6, 2021 riot at the U.S. Capitol and another into whether he improperly stored classified documents at Mar-a-Lago after leaving the White House. The classified documents case was tossed out by Judge Aileen Cannon , and the DOJ is expected to close the Jan. 6 case before Trump returns to the Oval Office next year. Trump maintains his innocence and has accused the DOJ of participating in a "witch hunt." He is seeking to staff the DOJ with his personal lawyers and other close allies , though his pick for attorney general, former Representative Matt Gaetz , on Thursday withdrew his bid to lead the department . Federal Government vs. Private Sector Walmart is the private employer with the highest number of workers, with about 2.1 million people on its payroll. It is followed by Amazon , with about 1.5 million employees and FedEx, with about 529,000 U.S. employees. The number of federal employees has waxed and waned through the years, steadily growing since the summer of 2022. The workforce peaked in 1990, when there were more than 3.4 million federal employees, according to the St. Louis Fed. Which Federal Workers Are Paid the Most? Many federal agencies have average salaries in the six figures, according to the personnel office. But the Securities and Exchange Commission, tasked with regulating the financial industry, has the highest average salary at $213,844. It employees just under 5,000 people. The Federal Reserve, with nearly 1,700 employees, ranks second with an average salary of $184,268. The Federal Communications Commission (FCC) is third, with about 1,500 employees who make an average of $165,526. Department of Agriculture employees are the lowest paid of major federal agencies. The agency has more than 92,000 employees who make an average of $86,425 per year.