The Corporation for Public Broadcasting has announced it is shutting down after President Trump signed a law clawing back $1.1 billion in funding for public broadcasting. Most staff positions are set to end next month, and a small transition team will stay until January to close out any remaining work. The CPB, which was founded in 1967, helps pay for PBS, NPR and 1,500 local radio and television stations across the country. Stations in rural and poorer areas of the country rely heavily on the CPB’s grants to operate.