News

Once a powerful watchdog for financial wrongdoing, the Consumer Financial Protection Bureau has seen its enforcement efforts ...
The move to narrow the rollback of a Biden-era order mandating contractors negotiate with unions before major construction ...
PEPFAR, a program started by George W. Bush, was set to lose $400 million after the OMB director falsely claimed it funds Russian abortions.
PEPFAR has not operated in Russia since 2012, when President Vladimir Putin kicked the United States Agency for International ...
Senate Republicans say they will remove $400 million in cuts to the President’s Emergency Plan for AIDS Relief (PEPFAR) from a rescissions package requested by the president, clawing back billions of ...
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...
The rescissions bill to claw back funding approved for foreign aid, NPR and PBS is a top Trump priority, but some Senate ...
Russell Vought, OMB director, joins 'Squawk Box' to discuss the director's thoughts on Jerome Powell's management of the ...
During a Senate Appropriations Committee hearing held on June 25, 2025, Senator Jack Reed lambasted OMB Director Russell Vought over the Trump Administration's numerous and cruel budget cuts. "That's ...
Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing ...
President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates ...