News

White House aide on skipping budget plan: ‘It wasn’t in our interest’
OMB chief Russell Vought expressed excitement that Congress appeared to be on the verge of codifying into law roughly $9 ...
White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell
Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access ...
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
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 Budget Chief Distances Himself From Musk’s DOGE Work
White House budget chief Russell Vought sought to minimize the public perception he is closely involved with the Department ...
Employees at the nation’s consumer financial watchdog say it’s become toothless under Trump
Once a powerful watchdog for financial wrongdoing, the Consumer Financial Protection Bureau has seen its enforcement efforts ...
Trump Official Accused PEPFAR of Funding Abortions in Russia. It Wasn’t True.
PEPFAR has not operated in Russia since 2012, when President Vladimir Putin kicked the United States Agency for International ...
Russell Vought Says FEMA Needs 'To Be Reformed' And Trump Will Ask The Agency 'Tough Questions'
During a press gaggle on Friday, Office of Management and Budget Director Russell Vought spoke about the Federal Emergency ...
Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency
The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower ...
'Series Of Mismanagement': Russell Vought Slams Fed Chair Jerome Powell Over Fed Building Renovation
During a press gaggle on Friday, Office of Management and Budget Director Russel Vought spoke about Fed Chair Jerome Powell.
Federal Reserve quietly responds to Trump administration attacks over renovation
The central bank is quietly pushing back with a new “Frequently Asked Questions” page on its website defending the central ...
White House escalates pressure campaign on Fed chair by targeting its headquarters renovation
President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates ...
White House accuses Powell of mismanaging the Fed, citing renovation
White House budget chief Russell Vought on Thursday accused Federal Reserve Chair Jerome Powell of mismanaging the central bank’s budget during renovations, adding to President Trump’s criticism ...