The Federal Office of Management and Budget has halted the freeze on a portion of federal funding critical to summer and ...

OMB chief Russell Vought expressed excitement that Congress appeared to be on the verge of codifying into law roughly $9 ...

The House has approved President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid ...

Office of Management and Budget Director Russell Vought said there will likely be additional rescission packages.

The Trump administration’s shipbuilding effort has shifted from the National Security Council to the White House Office of ...

STATEHOUSE – The State of Indiana closed fiscal year 2025 with roughly $2.5 billion in state reserves, announced State ...

Jerome Powell has responded to sharp criticism from the Trump administration about renovations to the Fed’s offices, ...

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 ...

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

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.

President-elect Donald Trump said Friday he will nominate Russell Vought to lead the Office of Management and Budget, a position Vought held during Trump's first presidency. Continue reading May 27 ...