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Market Impact: 0.45

Trump administration plans to cut cybersecurity agency’s budget by $700 million

Fiscal Policy & BudgetElections & Domestic PoliticsCybersecurity & Data PrivacyRegulation & LegislationInfrastructure & Defense

A budget proposal would cut CISA’s funding to a materially lower level than prior years, potentially constraining election-misinformation programs and broader cyber operations. The proposal cites government claims that those programs were used to “target the President,” raising political risk for election-security policy and possible headwinds for CISA contractors and related cybersecurity programs.

Analysis

A budget proposal would cut CISA’s funding to a materially lower level than prior years, potentially constraining election-misinformation programs and broader cyber operations. The proposal cites government claims that those programs were used to “target the President,” raising political risk for election-security policy and possible headwinds for CISA contractors and related cybersecurity programs.

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