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The Latest Breaking News from Russ Vought

White House threatens mass firings if government shuts down

Thousands of workers could permanently lose their jobs if Congress doesn't reach an agreement to fund the government by Oct. 1.

Axios

Trump-Democrats meeting drama fuels risk of shutdown - Roll Call

Decision to cancel a planned meeting with top Democratic leaders becomes the latest twist in funding standoff.

Roll Call

White House ‘anomalies’ list kick-starts stopgap funding talks - Roll Call

The Trump administration sends Congress a list of additions it would like in a continuing resolution funding the government after Sept. 30.

Roll Call

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MAGA dreams of greater power grabs on a shrinking timetable

In the movement's maximalist mindset, Trump's dizzying disruptions aren't enough.

Axios

Protesters demand release of HIV funds ‘illegally’ withheld by Trump

People take to streets against Trump administration plans to rescind funding for life-saving international programs

The Guardian - US

Ex-budget staffers weigh in against Trump 'pocket rescissions' - Roll Call

The letter warns that attempt to cut spending without congressional approval could heighten the risk of a partial government shutdown.

Roll Call

Marco Rubio Ditches One of His Four Jobs in the Trump Administration Ahead to his Trip To Mexico

The current Secretary of State handed over the responsibility of USAID to Russel Vought, Director of the Office of Management and Budget.

Latin Times

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White House restores spending database it sought to keep secret - Roll Call

The White House has restored a website that shows how spending authority is parceled out to federal agencies throughout the year.

Roll Call

Budget maneuvers expected to reduce NIH funding opportunities - Roll Call

NIH will be able to fund fewer research grants in fiscal 2026, even if Congress provides more funding, due to administration budget maneuvers.

Roll Call

Trump keeps up push for Powell, Fed to lower rates despite ‘no pressure’ pledge - Roll Call

President Trump has kept up his campaign for Federal Reserve Chair Jerome Powell to lower rates despite saying there was "no pressure."

Roll Call

Trump to Senate: Confirm more nominees before August recess - Roll Call

Nominations and appropriations remain at the forefront of the Senate's agenda for the final scheduled workweek before August recess.

Roll Call

How Trump could use a building renovation to oust Fed Chair Powell

President Donald Trump says he's found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project

The Independent UK

Democrats confront appropriations trust deficit with White House - Roll Call

Democrats say they face a test of faith on whether to trust a bipartisan appropriations process for the next fiscal year.

Roll Call

Despite Epstein scandal, polls show MAGA base 'very, very strongly' behind Trump - Roll Call

President Trump's MAGA base remains solidly behind his second term despite frustrations over the Jeffrey Epstein documents fracas.

Roll Call

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Roll Call

Thune seeks to kick off appropriations on Senate floor - Roll Call

The big question on Capitol Hill this week is whether Senate Democrats agree to help kick off the appropriations process.

Fortune

Jerome Powell sends point-by-point response to White House about Fed office renovations

And addresses speculation about VIP dining rooms and elevators, marble facades and water fountains.

Roll Call

House sends $9 billion rescissions package to president's desk - Roll Call

Friday's action marks first time in decades lawmakers have agreed to a White House request to claw back funding Congress previously approved.

Roll Call

Senate GOP pushes spending bills as Democratic anger builds - Roll Call

Senate GOP appropriators to bring a package of spending bills to the floor before the August recess, Chair Susan Collins said Thursday.

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The Independent UK

The Latest: House prepares to advance cuts on public broadcasting and foreign aid

The House is expected to approve President Donald Trump’s request to claw back about $9 billion in already appropriated funding for public broadcasting and foreign aid

The Independent UK

How Trump could use a building renovation to oust the Fed chair

President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project

Roll Call

GOP narrowly advances rescissions package to Senate floor - Roll Call

Senate Republicans had barely enough votes Tuesday to advance President Trump's proposal to claw back money appropriated for public broadcasting and foreign aid.

Fortune

If Trump fires the Fed’s Powell ‘both the currency and the bond market can collapse,’ according to Deutsche Bank

Deutsche Bank's explosive scenario in a note titled, “What if ?”

Fortune

Monetary policy at the world's most important central bank could hinge on an argument over building renovation specs

The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV show.

Fortune

Trump is ‘extremely troubled’ by Fed’s approach, according to new letter, but bank official stands firm on independence

In a response to Fortune, Federal Reserve Bank of St. Louis president Alberto Musalem defended the Fed’s autonomy, citing global evidence that independent central banks deliver stronger inflation and employment outcomes.

Benzinga

Jerome Powell Has 'Grossly Mismanaged,' Says Russ Vought As Fed HQ Renovation Costs Soar To $2.5 Billion: 'The Palace Of Versailles Would Have Cost $3 Billion'

Office of Management and Budget Director Russ Vought launched a scathing attack on Federal Reserve Chair Jerome Powell on Thursday, accusing him of gross fiscal mismanagement over cost overruns on the Fed’s headquarters renovation project.

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