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 ...

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

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

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

WASHINGTON (Reuters) -Around 300 students in Cleveland Heights, Ohio, may face changes to after-school tutoring and ...

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...

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

Trump budget chief Russ Vought proclaimed that there were no “downsides” to the “big, beautiful bill” in a Fox Business ...

The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.

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 ...

OMB Director Russell Vought said in a social media post that Jerome Powell "has grossly mismanaged the Fed" as he published a ...