The Latest Breaking News from Russell Vought

Donald Trump is due to visit the US Federal Reserve Thursday as the president escalates his pressure on its chairman Jerome Powell over the central bank's management of the economy.

School districts around the country have raised concerns that withholding federal funds may force some schools to close down

White House illegally took down website data showing how taxpayer data is spent, court finds

President has circumvented the government appropriations process and that may heap pain on him come fall

In new attack, US president accuses Jerome Powell of preventing central bank from lowering interest rates

Federal Reserve Chair Jerome Powell responded to scrutiny over the central bank's multi-billion-dollar, multi-year renovation of its Washington, D.C. headquarters, emphasizing that the project is being managed responsibly, with no extravagant features or misuse of public funds.

Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies with plans approved by a local commission, disputing a White House suggestion that they had violated the law by deviating from those plans

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

US president has suggested the central bank mismanaged funds for renovations at the Federal Reserve headquarters

The move to save PEPFAR funding may prove useful in rallying GOP support from powerful lawmakers like Senate Appropriations chair Susan Collins, an outspoken critic of Trump’s proposed cuts.

Trump acknowledged discussing firing Powell with Republicans but denied a letter had been drafted to do that.