President Donald Trump is planning to sell off around 50 federal buildings in Northern California, including one named after former House Speaker Nancy Pelosi, according to his recent executive order.
As part of the President’s efforts to cut federal spending, Trump is set to eliminate the Presidio Trust, a federal agency that manages the 1,500-acre park.
The Trust was referenced in Trump’s executive order titled “Commencing the Reduction of the Federal Bureaucracy.”
“The non-statutory components and functions of the following governmental entities shall be eliminated to the maximum extent consistent with applicable law, and such entities shall reduce the performance of their statutory functions and associated personnel to the minimum presence and function required by law,” the order states before listing the Presidio Trust.
The heads of each “unnecessary” government agency listed in the order were given 14 days to “submit a report to the Director of the Office of Management and Budget confirming compliance with this order and stating whether the governmental entity or any components or functions thereof are statutorily required and to what extent.”
In a statement, the Presidio Trust claimed it has not received any direct federal funding since 2013 and operates by leasing buildings within the park.