During a Senate Appropriations Committee hearing held on June 25, 2025, Senator Mitch McConnell (R-KY) berated OMB Director Russ Vought for slashing funding for soft power while increasing funding for ...

Rep. Marie Gluesenkamp Perez's proposal would let Congress' ethics office adjudicate allegations of cognitive impairment ...

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 ...

In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...

The central bank is quietly pushing back with a new “Frequently Asked Questions” page on its website defending the central ...

The Trump administration is investigating Fed Chair Powell's testimony about the central bank's renovation project amid Trump ...

Russell Vought, Director of the White House Office of Management and Budget, will soon assume a significant portion of DOGE’s ...

The White House's Russ Vought conceded the Senate vote on rescissions will be "tight" but remained adamant that it must "produce a victory." ...

The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.

Russell Vought, President Trump's top budget adviser, took questions Friday morning as the White House ramps up pressure on the Federal Reserve to lower rates. Vought said Federal Reserve Chairman ...

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...