The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week. “OMB Memorandum M-25-13 is rescinded.

Federal workers who don’t want to return to the office are being offered buyouts, according to a memo posted to the US Office of Personnel Management’s website Tuesday night. CNN previously ...

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 ...

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’s Office of Management and Budget issued a memo ordering a temporary halt to “all federal financial assistance,” potentially paralyzing a vast swath of federal programs.

By Chris Cameron Madeleine Ngo and Erica L. Green Reporting from Washington The Trump administration on Tuesday offered roughly two million federal workers the option to resign but be paid through ...

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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 ...

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 ...

WASHINGTON — The Trump administration on Wednesday rescinded an order putting a widespread freeze on most federal gr a nts and loans amid significant criticism, according to a new White House ...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

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 ...