Bill Gates says Trump’s cuts to USAID are devastating: ‘It’s not too late to reverse them’

Bill Gates says Trump’s cuts to USAID are devastating: ‘It’s not too late to reverse them’


Bill Gates speaks with Reuters during an interview in New York City, U.S., May 8, 2025.

Mike Segar | Reuters

Bill Gates, the philanthropist and Microsoft co-founder, on Friday said it’s not too late to reinstate international aid funding that President Donald Trump cut off.

The Trump administration placed staff members at the U.S. Agency for International Development, or USAID, on administrative leave in February. The last day of the independent agency was June 30.

“The devastating effects of these cuts are entirely preventable—and it’s not too late to reverse them,” Gates wrote in an X post on Friday.

Gates referred to a post from Sam Stein, managing editor at political news site The Bulwark and an MSNBC contributor, containing comments from an unnamed aid worker in Africa.

The worker said shipments of HIV medication for children had not arrived in months, and existing supplies will expire within weeks. The worker also described shortages of oxygen tubes for newborn babies and medication for sexually transmitted diseases.

Last week, Secretary of State Marco Rubio said that “moving forward, our assistance will be targeted and time limited.” USAID was absorbed into the State Department.

The State Department is reviewing funding from the United States President’s Emergency Plan for AIDS Relief, or PEPFAR, a spokesperson told NPR in June.

Gates’ comments come a week after he said the aid rollbacks have already led to deaths.

Gates, chair of the nonprofit Gates Foundation, spoke about the cuts during an address in Ethiopia in June.

“A lot of cuts are being made in foreign aid programs,” he said during the visit, according to a transcript of the remarks. “Some of those cuts are being made so abruptly that there are complete interruptions in trials, or medicines are still sitting in warehouses and are not available. And these cuts are something that I think are a huge mistake.”

The foundation has collaborated with USAID for years, and it has spent billions on global development and global health, having made thousands of grants.

When the foundation announced in May that Gates would give away almost all his money over the next two decades, it said that “governments around the world have announced tens of billions of dollars in cuts to aid funding.”

In addition to reducing PEPFAR and USAID commitments, Trump’s administration has indicated that it will end its backing of the vaccine group Gavi, which the Gates Foundation helped to set up in 1999 and has continued to support.

Last fall, Gates gave $50 million for the campaign of Democratic presidential candidate Kamala Harris.

In late December, Gates had dinner with Trump at the president’s Mar-a-Lago resort in Florida. Rubio has declined to meet with Gates since the former Republican presidential hopeful became secretary of state in January, The New York Times reported.

WATCH: Bill Gates aims to give away $200 billion to the world’s poorest over 20 years

Bill Gates aims to give away $200 billion to the world's poorest over 20 years



Source

Workday CEO calls narrative that AI is killing software ‘overblown’
Technology

Workday CEO calls narrative that AI is killing software ‘overblown’

Workday CEO Carl Eschenbach on Thursday tried to ease worries that artificial intelligence is destroying software business models. “It’s an overblown narrative, and it’s not true,” he told CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland, calling AI a tailwind and “absolutely not a headwind” for the company. Software stocks have sold […]

Read More
OpenAI chair Bret Taylor says AI is ‘probably’ a bubble, expects correction in coming years
Technology

OpenAI chair Bret Taylor says AI is ‘probably’ a bubble, expects correction in coming years

Bret Taylor, co-founder of the artificial intelligence startup Sierra, said Thursday that AI “probably” is a bubble that is causing both “smart money” and “dumb money” to fund competitors at every layer of the tech stack. Taylor, who also serves as the chairman of OpenAI’s board, said the free market will ultimately determine where the […]

Read More
Trump’s Greenland ‘framework,’ Dimon’s credit card cap rebuke, YouTube’s AI slop plan and more in Morning Squawk
Technology

Trump’s Greenland ‘framework,’ Dimon’s credit card cap rebuke, YouTube’s AI slop plan and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. With each passing day of the World Economic Forum, my envy grows for those spending the week in Switzerland. Stock futures are higher this morning. The three major averages are coming off a positive session. Here are five key things […]

Read More