Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank’s headquarters, with one saying the Trump administration is examining whether it can ...

President Trump’s rescissions package puts public media and foreign aid on the chopping block. Will it pass the Senate?

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 ...

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 ...

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

OMB Director Russell Vought is investigating the Federal Reserve's renovations of its headquarters. Donald Trump reveals new ...

The acting CFPB director showed his inner Sylvester Stallone, using his position as the White House’s budget chief to grill ...

Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing ...

Vought attributed it to “the Founders” and President John Quincy Adams but, like other dictums embraced by Christian nationalists, the sourcing is dubious: Researchers at the Massachusetts ...

Office of Management and Budget (OMB) Director Russell Vought was grilled by both sides of the aisle over the administration’s sweeping cost-cutting plans as he testified before House ...