The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower ...

The Office of Management and Budget is drafting a new memorandum to outline steps for the federal government’s migration to a ...

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President Donald Trump’s budget office on Wednesday rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges.

The United States Office of Management and Budget, which answers to President Donald Trump, has delayed funding for adult ...

A broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against ...

Office of Management and Budget director nominee Russell Vought is sworn in for a Senate Homeland Security and Governmental Affairs confirmation hearing on Capitol Hill on Jan. 15, 2025, in Washington ...

White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.

Office of Management and Budget director Russ Vought addresses 'big, beautiful bill' critics' concerns about raising the ...

The White House budget office is pushing back against a congressional watchdog's probes into spending power, setting the stage for a broader battle over constitutional authorities.

A small, government office with some 275 employees has found itself caught in the political crossfire as Congress debates President Donald Trump’s “one big beautiful bill.” ...

On Friday, the US Office of Management and Budget sent Sen. Susan Collins (R-Maine), chair of the Senate's Appropriations Committee, an outline of what to expect from the Trump administration's ...