Federal Reserve Chair Jerome Powell on Thursday responded to pointed accusations from OMB Director Russell Vought over the ...

Federal Reserve chairman Jerome Powell has fired back at the Trump administration after it accused him of embarking on an ...

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

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

The Senate earlier Thursday cleared the measure 51-48 and it now heads to President Donald Trump for his signature. In ...

The Senate earlier Thursday cleared the measure on a 51 to 48 vote and it now heads to President Donald Trump for his ...

Jerome Powell offered his first detailed defense of a $2.5 billion renovation of the Federal Reserve's headquarters, arguing ...

US Fed Chair Jerome Powell defends $2.5 billion headquarters renovation against White House ‘mismanagement’ claims, citing ...

Elon Musk may be gone from the White House, but there's someone far more effective now firming up DOGE's legacy: Russell ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in ...