U.S. health officials are reevaluating a $590 million contract that was awarded to Moderna for the development of its bird flu vaccine, Bloomberg News reported on Wednesday, citing sources.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world America is in the midst of a record-breaking bird flu outbreak that’s affected dozens of cattle herds along with poultry flocks nationwide.

President Donald Trump held his first official Cabinet meeting today, with Elon Musk in attendance. This meeting comes amid the administration’s attempts to reshape the federal government and advance Trump’s agenda.

At the first meeting of Trump's cabinet, Musk said he aims to cut the $6.7 trillion budget by $1 trillion this year, an ambitious target that could entail significant disruption of government programs.

President Trump’s first cabinet meeting was a display of deference to Elon Musk. A couple of hours before President Trump convened his cabinet for the first time, he used his social media platform to declare that the group was “EXTREMELY HAPPY WITH ELON.