The Thrift Savings Plan's I fund continued its year-long positive run in December, posting a month over month increase of more than 3%. That, by far, was the best performing TSP fund in the final month of 2025. For the year, the I fund saw a return of more than 32%, which was more than 10% higher than any other account. Overall in December, 13 of 15 funds came back in the black. Only the F and S funds posted negative returns in December as compared to November. For the year, 12 of 15 TSP funds returned more than 11%.

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The Department of Homeland Security has agreed to push back plans to dissolve a union agreement for airport screeners by one week as part of an ongoing court case. The Transportation Security Administration had planned to eliminate the collective bargaining agreement for TSA staff on January 11. But the American Federation of Government Employees, which represents TSA staff, is seeking an emergency order to block that action. TSA says it will delay the effective date to January 18, to allow for arguments over the motion. The judge in the case had already issued a preliminary injunction blocking an earlier attempt by TSA to eliminate the union agreement. 

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The Defense Counterintelligence and Security Agency has new leadership in place. Justin Overbaugh has been serving as acting director of DCSA since November. Overbaugh was confirmed by the Senate in September to serve as deputy under secretary of defense for intelligence and security. His appointment to also lead DCSA comes after full-time director David Cattler stepped down in September. Overbaugh is a retired Army colonel with 25 years of intelligence and special operations experience.

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The Department of Homeland Security is looking to cut down on the number of paper Freedom of Information Act requests it receives. Under a final rule set to go into effect next month, DHS will require most people to submit FOIA and Privacy Act requests electronically. DHS will allow for alternative submission methods in limited circumstances where an electronic request isn’t feasible, such as for incarcerated people. The department says the new rule will allow FOIA officers to spend less time on data entry and more time searching for and reviewing records.

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Veterans Affairs will no longer perform abortions in emergency cases in light of a new legal opinion from the Justice Department. The VA started providing abortions to veterans in certain life-threatening circumstances in fall 2022. This comes after the Supreme Court ruling on the Dobbs v. Jackson case. The department began the process of rolling back the policy this summer. That process is still making its way through the official rule-making process. 

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The Federal Emergency Management Agency would be required to create a universal disaster assistance application under a bill passed by the Senate last week. The goal of the Disaster Assistance Simplification Act is to make it easier for disaster survivors to access federal aid. Lawmakers say the current process is complex and time consuming, with different agencies using different forms. The bill would also require all information shared between FEMA and partner agencies to meet federal data security standards. 

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The Defense Department failed to pass its annual audit once again. Auditors found 26 material weaknesses and “two significant deficiencies related to the DoD’s internal controls over financial reporting.” The review covered the department’s $4.7 trillion in assets and another $4.7 trillion in liabilities. The Pentagon has failed every audit since launching its first agency-wide review in 2018. Congress has set a goal for the DoD to achieve a clean audit by fiscal 2028. 

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House Republicans are seeking annual reauthorization of key programs at the Veterans Affairs Department. Top lawmakers on the House VA Committee are leading a series of bills that would reauthorize the department’s Veteran Readiness and Employment program. This is the third wave of VA reauthorization bills lawmakers have introduced. The legislation would also move the Labor Department’s Veterans Education and Training Service program to the VA. 

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There’s a new recruitment opportunity at Health and Human Services. The agency has just launched the Roy Wilkins Fellowship. It’s reserved for students at Historically Black Colleges and Universities, or HBCUs, who are interested in public service. Many of HHS’s divisions will host career fairs to promote the new fellowship, including the National Institutes of Health and the Centers for Disease Control and Prevention. The opportunity comes in response to an executive order President Trump signed in April, on promoting innovation at HBCU’s. 

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The Pentagon inspector general found the Defense Health Agency failed to issue finalized guidance defining roles, responsibilities and access-to-care standards after reorganizing the military health system. The average wait for urgent medical appointments at military medical treatment facilities outside the United States stretched as long as 21 days in some locations, while routine appointments were delayed by as much as 37 days. Auditors also said many overseas facilities were understaffed, and personnel working in military clinics and hospitals experienced burnout and low morale. The inspector general recommended that the DHA director track data on why personnel are leaving military medical facilities.

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