Federal Reserve keeps interest rates unchanged, defies Trump
When the Federal Reserve's Federal Open Market Committee meets Wednesday afternoon most economists expect interest rates to remain unchanged in a range of 4.25%-4.5%. Fed…
Trump White House rescinds order freezing federal grants after widespread confusion
WASHINGTON — President Trump’s budget office on Wednesday rescinded a memo freezing spending on federal grants, less than two days after it sparked widespread confusion and…
What to know about Trump’s buyout proposal for federal employees
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressBrian WittePublished Jan 29, 2025 • 3 minute read You can save this article by registering for…
Trump administration offers ‘deffered resignations’ to federal workers
The Trump administration is offering eight-month "deffered resignations" to federal workers who do not wish to return to the office, provided they resign within the…
Trump offers federal workers buyout, promises eight months severance pay | Politics News
Millions of employees told those who decide by February 6 to voluntarily leave will receive eight months of salary.United States President Donald Trump has offered…
Trump administration offers buyouts to federal workers
The Trump administration is offering eight-month buyouts to federal workers who do not wish to return to the office, provided they resign within the next…
US judge temporarily blocks Trump administration’s federal funding freeze | Donald Trump News
A United States judge has temporarily blocked an order from President Donald Trump to freeze funding for a wide range of federal programmes. Tuesday’s decision came…
Trump offers all federal workers a buyout with 7 months of pay
WASHINGTON — The White House on Tuesday began offering buyouts worth seven months of salary to all federal employees who opt to leave their jobs by…
Trump orders pause on federal grants, loans, according to internal OMB memo
President Donald Trump's acting director of the Office of Management and Budget, Matthew Vaeth, ordered a pause on all U.S. federal loans and grants beginning…
Trump fires US federal prosecutors involved in probes of his behaviour | Donald Trump News
The administration of United States President Donald Trump has fired more than a dozen prosecutors linked to the investigation and prosecution of the Republican leader…
At least 12 federal inspectors general terminated immediately
1 of 2 | Housing and Urban Development Inspector General Rae Oliver Davis was among the at least 12 inspectors general terminated by email late…
L.A. County officials need federal aid. How long can they play nice with Trump?
Good morning, and welcome to L.A. on the Record — our City Hall newsletter. It’s Rebecca Ellis, with an assist from David Zahniser, giving you…
Trump’s rebuke to ‘gender ideology’ changes federal policy and sets up clash with California
WASHINGTON — President Trump’s executive order rejecting liberal “gender ideology” and restoring the “biological truth” of two sexes sets the stage for a legal battle in…
Trump admin. orders federal DEI program employees to be placed on paid leave
U.S. President Donald Trump shows a signed executive order at the conclusion of ceremonies inside the Capital One Arena after being sworn in as the…
Federal government to hit $36T debt limit on Tuesday
Treasury Secretary Janet Yellen speaks during a Senate Appropriations Subcommittee on Financial Services and General Government hearing on Capitol Hill on June 4 and on…
Detroit’s Mayor Young on Ropes as Allegations Mount : Politics: He faces both a recall and federal inquiry. The civil rights advocate reportedly ran a secret business that sold South African gold coins.
DETROIT — For a black political leader in America, the allegations publicly leveled against Detroit Mayor Coleman A. Young could hardly have been more embarrassing.Young, the…
Federal prosecutor Jack Smith resigns ahead of Trump’s inauguration
Special Counsel Jack Smith has resigned from the Department of Justice after concluding work on two cases against President-elect Donald Trump, according to court filing…
After Trump's criticism, Michael Barr to resign as vice chair of Federal Reserve
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance…
Federal court decision won’t change California net neutrality law
Despite the dismantling of the Federal Communications Commission’s efforts to regulate broadband internet service, state laws in California, New York and elsewhere remain intact.This week’s…
Banks, organizations sue Federal Reserve over annual stress tests
The Bank Policy Institute sued the Federal Reserve on Tuesday on behalf of several banks and financial organizations citing a lack of transparency in the…