The bottom line: Passage of the rescissions package is another win for Trump as he nears the six-month mark of his second term. Fiscal hawks in the GOP may celebrate the spending cuts codifying DOGE’s ...

Fed Reserve Chair Jerome Powell responded to the Trump administration's inquiry about its $2.5 billion headquarters ...

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Powell ...

A drama-filled week in DC saw Democrats accuse Republicans ceding Congress' power to Trump and a curveball involving Jeffrey Epstein.

The OMB chief said representatives from his agency aim to visit the central bank site “in the next week.” Meanwhile, a ...

The Trump administration still hasn’t released more than $5 billion in previously approved federal education funding, including $130 million still owed to North Carolina.

Maybe he truly hates social spending. Maybe he’s promised clawbacks to fiscal hawks. Maybe he wants Democrats to shut down ...

The House early Friday narrowly cleared a package to cancel $9 billion in federal spending, the first time in decades ...

The U.S. Capitol is reflected in a puddle outside of the Rayburn House Office Building on July 16, 2025, on Capitol Hill in Washington. Education Week contacted hundreds of lawmakers to determine ...

Congress passed a bill to pull back about $9 billion lawmakers previously had budgeted for public broadcasting and foreign ...

Federal Reserve Chair Jerome Powell on Thursday pushed back on GOP criticisms regarding renovation costs for two buildings in ...

We speak with Democratic Congressmember Ro Khanna about his bipartisan bill calling for the full release of federal documents ...