Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President ...

Senate Republicans are warning President Trump that it would be a big mistake to follow through on his threat to fire Federal Reserve Chair Jerome Powell, saying it would likely send a “shock wave” ...

The U.S. Senate on Tuesday night moved one step closer to canceling $9 billion in previously approved funding for several foreign aid programs and public broadcasting after GOP leaders addressed some ...

The funds that were supposed to go out July 1 pay for teacher training, English learner services, after-school programs, and more.

The move to cut a sliver of previously approved spending comes after Republicans muscled Trump’s big tax and spending cut ...

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 ...

President Donald Trump will welcome Bahrain Crown Prince Salman bin Hamad Al Khalifa to the White House on Wednesday. It’s ...

There’s progress, but why is it this hard to cut a mere $9 billion in spending?

The vote to take up legislation to rescind $9 billion in congressionally approved funds suggested that Republicans would bow ...

The Senate is working overnight into the early hours of Thursday morning as it weighs whether to claw back $9 billion in ...

The Senate is weighing whether to claw back $9 billion in federal funds already congressionally approved for foreign aid and ...