Federal Reserve Chair Jerome Powell on Thursday responded to pointed accusations from OMB Director Russell Vought over the ...

Federal Reserve chairman Jerome Powell has fired back at the Trump administration after it accused him of embarking on an ...

Office of Management and Budget Director Russell Vought said there will likely be additional rescission packages.

The House has approved President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid ...

The Senate earlier Thursday cleared the measure 51-48 and it now heads to President Donald Trump for his signature. In ...

Elon Musk may be gone from the White House, but there's someone far more effective now firming up DOGE's legacy: Russell ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in ...

Earlier versions of a spending cuts package passed through Congress targeted PEPFAR. But the White House, concerned about ...

The House approved a Trump administration plan to rescind $9 billion in previously allocated funds, including $1.1 billion ...

Live updates and the latest news as the Senate sends PBS, NPR, foreign aid clawbacks to the House and senators consider Emil ...