Donald Trump to Sell Off Half of All Federal Property: What to Know

https://www.newsweek.com/donald-trump-sell-off-half-all-federal-property-what-know-downsize-cut-costs-2026412

Posted by Barch3

4 comments

  3. Again, same happened in Hungary…. The US is rolling down a dark, dark path, moving from democracy to putin/orban style fascism…

  4. The first thing to know is that it’s not “federal” property. It’s PUBLIC property.

    Newsweek seriously needs to stop it.

    There’s no mystery. Musk will bank Trump to buy huge amounts of it, and lease it back to the government.

    >GSA’s Public Buildings Service (PBS) Commissioner Michael Peters informed the agency’s employees that a recent analysis revealed “a gross excess of space” in PBS’ portfolio “as well as substantial levels of deferred maintenance.”
    >
    – https://www.newsweek.com/donald-trump-sell-off-half-all-federal-property-what-know-downsize-cut-costs-2026412 *(OP link)*

    Who is Michael Peters?

    *…following the money, please wait…*

    Oh. He looks like he might be one of the *elites*.

    >>The newly appointed PBS commissioner recently served as vice president of corporate strategy at Honeywell International. He served as chief operating officer of KOS Services and had an extensive career in investment banking.
    >
    – https://executivegov.com/2025/01/gsa-jan-2025-leadership-appointments-fas-pbs-tts/

    >Michael Peters serves as Commissioner of the Public Buildings Service. Michael had an extensive career in investment banking with firms including Donaldson, Lufkin & Jenrette, or DLJ, and Credit Suisse. Following his time in banking, Michael spent over a decade as Chief Operating Partner of KOS Services which delivered dental services throughout the United States. His responsibilities at KOS included managing the company’s portfolio of leased and owned real estate assets and the development of new locations. More recently Michael served as Vice President, Corporate Strategy for Honeywell International Inc. Michael graduated from Duke University summa cum laude with a bachelor’s degree in Economics, and he earned an MBA from Harvard Business School where he graduated with high honors and was named a Baker Scholar.
    >
    – https://www.gsa.gov/about-us/organization/leadership-directory/public-buildings-service-commissioner

    [](https://web.archive.org/web/20250000000000*/https://www.gsa.gov/about-us/organization/leadership-directory/public-buildings-service-commissioner)

    >The election victory of Trump, a Republican, boosted stocks in banks and other companies on Wednesday as investors bet on lower corporate taxes and deregulation when he returns to office. Keller-Sutter, who next year will also assume Switzerland’s rotating presidency, is overseeing efforts to tighten banking regulations in the country following the 2023 collapse and subsequent takeover of Credit Suisse by its long-time rival UBS.
    >
    >Asked whether Trump’s victory meant Europe needed to be more lenient on the banking sector to enable it to remain competitive, the minister declined to be drawn, noting it was too early to say and that she was observing developments.
    >
    – https://www.reuters.com/business/finance/uk-switzerland-eye-us-bank-rules-after-trump-win-swiss-minister-says-2024-11-07/

    [](https://web.archive.org/web/20250206233859/https://www.reuters.com/business/finance/uk-switzerland-eye-us-bank-rules-after-trump-win-swiss-minister-says-2024-11-07/)

    >Mike Peters Skills
    >
    >Entrepreneurship
    >Venture Capital
    >Private Equity
    >
    – https://rocketreach.co/mike-peters-email_9625373 (not doxing; public info)

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