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

A broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against ...

President Trump has not talked about eliminating FEMA as the emergency response agency helps with recovery efforts from the ...

Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and ...

Mr. Trump and Melania Trump met with victims’ families and viewed some of the aftermath of last weekend’s flooding.

The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...

Office of Management and Budget director Russ Vought addresses 'big, beautiful bill' critics' concerns about raising the ...

While the House and Senate remain far apart on a spending deal, the federal government will soon formally initiate the process of preparing for a potential shutdown, participating in the mandatory ...

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 ...

Office of Management and Budget director Shalanda Young wrote a letter to House Speaker Mike Johnson, R-La.; House Minority Leader Hakeem Jeffries, D-N.Y.; Senate Majority Leader Chuck Schumer, D ...

The Office of Management and Budget is the largest office within the Executive Office of the President of the United States . The main function of OMB is to produce the President's Budget.