A new approach to manipulating the duration and frequency of microwave pulses using magnetized plasmas is demonstrated. The plasma accomplishes two functions: (i) slowing down and spatially compressing the incident wave, and (ii) modifying the propagation properties (group velocity and frequency) of the wave in the plasma during a uniform in space adiabatic in time variation of the magnitude and/or direction of the magnetic field. The increase in the group velocity results in the shortening of the temporal pulse duration. Depending on the plasma parameters, the frequency of the outgoing compressed pulse can either change or remain unchanged. Such dynamic manipulation of radiation in plasma opens new avenues for manipulating high power microwave pulses.