An icon in the shape of a lightning bolt. Impact Link Since returning to the White House, President Donald Trump has wasted little time sending his newly created Department of Government ...

Yet if he’s trying to blame the Federal Reserve, which controls short-term interest rates, he has the analysis backward. Rising inflation means the Fed must be more cautious in cutting rates.

The Department of Education sent a “Dear Colleague” letter Friday threatening the federal funding of any academic institution that considers race in most aspects of student life. The letter ...

LONDON, Feb 14 (Reuters) - The Federal Reserve's widely panned and soon-to-be-revised "average inflation targeting" strategy may survive mostly intact after this year's review - with a super wide ...

WASHINGTON – Thousands of recently hired federal workers were fired Thursday and Friday as President Donald Trump and top White House official Elon Musk escalated efforts to purge the federal ...

The next stage of the Trump administration’s efforts to slash the federal workforce is underway. Agency leaders have been told to begin preparations for large-scale layoffs, known as reductions ...

A federal judge on Friday indefinitely delayed a final ruling on a request by labor unions to block Elon Musk's government efficiency team from accessing internal system data, telling both parties ...

Lawmakers debated cost-cutting measures implemented by Elon Musk during the first hearing of the House Subcommittee on Delivering on Government Efficiency (DOGE). Photo: Daniel Heuer/Bloomberg ...

Vought had ordered employees to halt all work and announced he would not take the agency’s last drawdown from the Federal Reserve. The administration also cannot delete or remove CFPB data or ...

Hanna Hickman, a now terminated CFPB worker, told ABC it's a "scary" moment. Hanna Hickman, a now-terminated worker for the Consumer Financial Protection Bureau, told ABC News the last four days ...

WASHINGTON – Layoffs are underway at multiple federal departments, according to union sources and termination notices reviewed by USA TODAY, as President Donald Trump and top White House ...

President Trump and right-hand man Elon Musk have rolled out a series of moves to cull the federal workforce, forging ahead with numerous methods to fire employees that have already sparked legal ...