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 ...

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

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

U.S. stock futures are lower after President Donald Trump further escalated trade tensions. Over the weekend, Trump announced ...

Russell Vought, OMB director, joins 'Squawk Box' to discuss the director's thoughts on Jerome Powell's management of the ...

Around 300 students in Cleveland Heights, Ohio, may face changes to after-school tutoring and English-language proficiency ...

Calls for applications for a bank-specific program within the Community Development Financial Institution Fund have been ...

President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates ...

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

The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV ...

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

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