Scott Bessent, Secretary of the Treasury, stated that the Trump administration has formally launched the process of finding a ...

Congress needs to approve the rescissions request before it expires at the end of the week, or the funds will have to be spent as lawmakers previously intended.

The U.S. Senate on Wednesday moved toward approval of President Donald Trump's plan for billions of dollars in cuts to funding for foreign aid and public broadcasting, which would hand Trump another ...

Senate Republicans say they will remove $400 million in cuts to the President’s Emergency Plan for AIDS Relief (PEPFAR) from a rescissions package requested by the president, clawing back billions of ...

The Consumer Financial Protection Bureau's reversal on its settlement with Navy Federal Credit Union is part of a broader pattern.

CDC sources tell NPR that the Trump administration has delayed and might cancel roughly $140 million in grants to fund fentanyl overdose response efforts, known as the Overdose Data To Action program ...

PEPFAR, a program started by George W. Bush, was set to lose $400 million after the OMB director falsely claimed it funds Russian abortions.

The move to narrow the rollback of a Biden-era order mandating contractors negotiate with unions before major construction ...

Senate Republicans will tweak President Donald Trump’s $9.4 billion rescission request — the White House’s attempt to give a ...

The Federal Reserve’s political independence — the sense that the world’s most powerful central bank makes decisions based on ...

The Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration.