Director of National Intelligence Tulsi Gabbard announced Wednesday a plan to cut 40% of her office's staff by October in an effort to save taxpayers about $700 million per year.

The move comes as her office has placed escalating scrutiny on Obama administration officials involved in a review of Russian election interference.

The Office of the Director of National Intelligence will dramatically reduce its workforce and cut its budget by more than $700 million annually, the Trump administration announced Wednesday. The move amounts to a major downsizing of the office responsible for coordinating the work of 18 intelligence agencies,