"I like that idea" — Shark Tank's Kevin O'Leary reacts to possible FEMA scrapping plan 

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Shark Tank's Kevin O'Leary Visits "Outnumbered" | Image Source: Getty

Kevin O'Leary, one of the investors on Shark Tank, showed his support towards the possibility of FEMA scrapping plan. Mr. Wonderful, an investor, an author, and a successful entrepreneur, has been an inspiration to many.

After recently visiting the disaster-affected areas in North Carolina and California, Trump conveyed his disappointment toward the Federal Emergency Management Agency (FEMA). He called the agency "very slow" and "very bureaucratic." As a result of the damage caused and the lives affected, the US president discussed the possibility of scrapping FEMA and redirecting the relief funds directly to state governors for better management of the resources.

Intrigued with the idea, Shark Tank investor shows his support and calls the possibility of removing FEMA and moving them into responsible hands an 'effective and smart' plan.

Continue reading to explore more details.


Shark Tank's Kevin O'Leary supports the possibility of scrapping FEMA

Kevin O'Leary, a well-known Shark Tank investor, has publicly supported Donald Trump's proposal to potentially dismantle FEMA, claiming that the agency's inefficiencies have resulted in excessive spending and slow catastrophe response. O'Leary underlined the importance of increased accountability in federal disaster aid, saying:

"Every taxpayer wants accountability, and this plan delivers."
“Let’s check in every month or every quarter or every year and see exactly how that Capital was used, and I think every taxpayer, including me, listening to that, says, ‘I like that idea. I want some accountability, and I want to see executional skills in action.'”

Kevin O'Leary underscored the importance of transparency in disaster relief expenditures, calling for regular assessments to track how public money is spent. He advocated a business-like strategy, ensuring that funds are allocated efficiently and clearly executed.


Trump's proposal to scrap FEMA receives mixed reactions

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While the Shark Tank's OG investor showed support, many people shared criticism towards the idea. Trump's proposal would delegate disaster management responsibilities to individual states, with the federal government giving direct funds rather than operational oversight.

Supporters feel that a decentralized approach will increase efficiency and remove bureaucratic red tape. However, others caution that removing FEMA may leave states, particularly those with little resources, struggling to deal with large-scale natural catastrophes.

The future of FEMA? The debate over FEMA's future occurs at a key juncture. Natural disasters, such as hurricanes and wildfires, are becoming more frequent and intense.

Supporters view it as an opportunity to streamline disaster relief and eliminate federal inefficiencies. As debates continue, the country faces a critical dilemma about balancing accountability and effective disaster response.

Edited by Yesha Srivastava
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