Trump admin lays off federal workers

Russell Vought, director of the Office of Management and Budget (OMB), speaks to members of the media outside the White House in Washington, DC, US, on Thursday, July 24, 2025. Aaron Schwartz | Bloomberg | Getty Images The Trump administration began laying off federal workers on Friday, the 10th day of the U.S. government shutdown,…

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Trump Hassett layoffs government shutdown

White House National Economic Adviser Kevin Hassett talks to reporters on the West Wing driveway at the White House in Washington, D.C., U.S., August 27, 2025. Jonathan Ernst | Reuters White House National Economic Council Director Kevin Hassett said Sunday that layoffs for federal employees will begin if President Donald Trump decides that congressional negotiations to end the government…

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Federal Reserve rebuts Trump admin renovation attacks

U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., June 24, 2025. Kevin Lamarque | Reuters As the Trump administration escalates its criticisms of the Federal Reserve and Chairman Jerome Powell, the central bank is…

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Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve building, which he called a “palace” where costs are running amok. In a potential escalation of President Donald Trump’s feud with Fed Chair Jerome Powell, Vought told CNBC that an investigation is warranted into whether…

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