Cost-cutting efforts by the federal Department of Government Efficiency (DOGE) initiated by the Trump administration have inspired other federal and local entities to cut out some of the fat in their operations as well.
On Wednesday, May 14th, the Tennessee Valley Authority (TVA) publicly announced a new executive team whose role is to cut operational costs by almost $1 billion.
Brand-new TVA President and Chief Executive Officer Don Moul leads this new team.
TVA’s plan to cut its operating costs by $950 million, specifically costs related to staffing and the products and services it obtains from third-party entities, has been in the works for over a year.