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(Bloomberg) -- President Donald Trump suggested that some savings from his federal cost-cutting effort, overseen by billionaire Elon Musk, could be sent back to US taxpayers, with another portion being used to reduce the national deficit. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsAirbnb Billionaire Plans Factory-Built Homes for LA Fire VictimsChicago Coun

The pro-Russian businessman is reported to be moving overseas assets back to the Caucasus country.

Tariffs recently announced by President Donald Trump causing worry among U.S. homebuilders, particularly in regards to material costs.

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