Jerome Powell finds himself under intense scrutiny from the White House over a controversial $2.5 billion renovation project for the Federal Reserve's headquarters, with calls for his potential ousting amid rising costs and Trump's frustrations with interest rates.
House Republicans have passed a $9 billion spending cuts package targeting foreign aid and public broadcasting, marking a significant victory for President Trump. This maneuver, unprecedented in 30 years, showcases the GOP's commitment to reducing federal spending.
In a dramatic move, President Trump announced the rescinding of $4 billion in federal funding for California's High-Speed Rail project, citing budget overruns and delays. California officials vow to fight back against this decision, claiming it is illegal.
In a significant move, Senate Republicans have agreed to cut $9 billion from foreign aid and public broadcasting, pushing the bill closer to Trump's desk. The House must approve the changes by Friday, amid concerns about the implications of such cuts.
Trump's recent announcement about cutting federal grants for California's high-speed rail project has sparked outrage. Governor Gavin Newsom vows to fight back, claiming the move benefits China. With costs ballooning to $135 billion, the future of the project hangs in the balance.
In a surprising move, Donald Trump announces a $4 billion funding cut for California's high-speed rail project, citing lack of viability and budget issues. Tensions rise as California officials defend the project's progress.
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The Trump administration is delaying and may cancel $140 million in grants crucial for fentanyl overdose response, threatening lives and public health programs nationwide. Experts warn this could lead to catastrophic consequences for addiction care.
PBS and NPR are facing potential budget cuts that could drastically impact their programming and local stations. Learn how these changes could affect your favorite shows and community news.
In a controversial move, the Senate voted to advance a $1.1 billion rescissions package targeting PBS and NPR funding. Vice President JD Vance broke a tie, with final votes expected soon. Critics warn this could severely impact public broadcasting, especially in rural areas.
