Corporation for Public Broadcasting to 'wind-down' operations after rescissions cuts

The Corporation for Public Broadcasting announced that it would be winding down and ceasing operations following Congress’s cuts to its funding.

President Donald Trump first targeted CPB in a May 1 executive order titled “Ending Taxpayer Subsidization of Biased Media.” He argued that, unlike its establishment in 1967, continuing government funding of media today was not only “outdated and unnecessary but corrosive to the appearance of journalistic independence.” After Congress voted to claw back $1.1 billion in funding for the organization over two years, the cut proved to be crippling.