The White House is seeking to eliminate funding for a bipartisan board that advises the president and Congress on Social Security policy, two sources familiar with the decision told Reuters, as the Trump administration continues efforts to reduce government spending and curtail independent oversight.

The Office of Management and Budget has informed staff at the Social Security Advisory Board of its intent to slash the board’s approximately $3 million annual budget to zero, the sources said. They spoke to Reuters on the condition of anonymity due to the sensitive and non-public nature of the budget discussions.

This is a developing news story and will be updated as more information is available.