The Trump administration freezes $6B in education grants, alleging misuse to support undocumented immigrants and LGBTQ+ ...

While all the focus this past week has been on the One Big Beautiful Bill, the Department of Labor submitted for review to the White House’s Office of Management and Budget (OMB) what appears to be a ...

OMB’s memorandum is a major step forward. It recognizes that modern financial reporting must serve the public interest, not ...

Office of Management and Budget Director Russell Vought joins 'Closing Bell Overtime' to talk the passage of President ...

The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits.

Russell Vought, director of the Office of Management and Budget, has released a memorandum announcing an OMB initiative to improve financial accountability and oversight within the federal government.

Federal financial management experts say OMB’s update to how agencies and auditors complete federal financial statements has been a long-time goal.

Top Trump administration official Russell Vought testifies on the Hill about defunding some federal government grants.

"This [bill] would basically give [Trump] carte blanche to refashion the entire federal government," Ben Olinksy told ...

A Senate panel challenged on a bipartisan basis the merits of cancelling billions of dollars in spending for foreign aid and public media as part of a contentious hearing Wednesday examining the White ...

A group of Democratic attorneys general is taking the Trump administration to court over regulations they claim have allowed ...

Spending records show that the federal government sets aside hundreds of millions of dollars for Deloitte, Ernst & Young, KPMG, and PricewaterhouseCoopers, the “Big Four” of the accounting world, to ...