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 ...

The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week. “OMB Memorandum M-25-13 is rescinded.

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 ...

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 offer would give federal workers ...

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WASHINGTON — The Trump administration on Wednesday rescinded an order putting a widespread freeze on most federal gr a nts and loans amid significant criticism, according to a new White House ...

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 ...

A federal judge on Tuesday issued a stay against a White House directive that ordered a spending freeze on federal assistance, which sent Washington and organizations around the country into chaos ...

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 ...

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 group of nonprofits, health workers, and small business owners have successfully asked a federal judge in Washington, DC, to immediately halt the Trump administration's freeze on federal loans ...