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

During a press gaggle on Friday, Office of Management and Budget Director Russell Vought spoke about the Federal Emergency ...

President Donald Trump’s budget chief said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed.” ...

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 ...

President Donald Trump’s budget office on Wednesday rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges.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

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.

The Office of Management and Budget sounds obscure, yet the agency plays a crucial role throughout the federal government. Presidents rely on the office to turn their ideas and wishes into ...

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.” ...

Office of Management and Budget Director Russell Vought had said he wants government employees “to not want to go to work because they are increasingly viewed as the villains.” ...

Forest management and U.S. Forest Service operational expenditures drop under President Donald Trump’s proposed budget for the Oct. 1 fiscal year. “There are some significant cuts to Forest ...

The White House’s Office of Management and Budget has proposed gutting the State Department’s budget by almost 50%, closing a number of overseas diplomatic missions, and eliminating funding ...