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The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week. “OMB Memorandum M-25-13 is rescinded.

The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes on lowering borrowing costs for individuals and businesses after a flurry of rate cuts ...

Several Democratic states have signaled imminent legal action to block a Trump administration order directing federal agencies to pause the disbursement of loans and grants while the government ...

A federal judge on Tuesday temporarily blocked part of the Trump administration’s pause on federal grants and loans, just hours before it was set to take effect, as a slew of advocacy groups ...

WASHINGTON − The Trump administration is offering buyouts to all federal employees who don't wish to return to work at the office, in a push to significantly reduce the size of the federal ...

A Trump administration memo pausing federal grants and loans is facing immediate legal scrutiny. It's the Year of the Snake. New national test scores show a bleak picture of American ...

WASHINGTON — The Trump administration on Wednesday rescinded an order putting a widespread freeze on most federal gr a nts and loans amid significant criticism, according to a new White House ...

Health grants distributed by the Centers for Disease Control and Prevention, and state aid for disaster reconstruction, might face delays. Developers expecting federal grants to expand the nation ...

Federal employees were given an option Tuesday: If they didn't want to return to work at the office, they could accept a buyout. The Trump administration's buyout offer would give federal workers ...

One week in, the Trump administration is broadening its assault on the functions of government and shifting control of the federal purse strings further away from members of Congress. President ...

As president, he is threatening to cut 50,000 federal positions. There will be federal employees whom he replaces as part of the usual political turnover, and others whom he will fire as ...