As you may have heard, the new administration has recently tried to impose that government funding agencies reduce their allowable indirect cost rates for grantees to 15%. This is one of the biggest changes that the government has made in recent memory to how government agencies function and what they do with their funding budgets. Together with other planned tectonic shifts that this government is planning across federally-funded agencies, this increased government involvement is expected to have far reaching implications. Due to the ensuing legal pushback, it is not clear where this stands and whether and how it will be implemented. Nevertheless, it is still worth discussing, as I believe this will likely go through eventually, in one form or another.