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The Latest Breaking News from Russell Vought

Jerome Powell 'Fatigued' and Facing Resignation Rumours Over Controversial $2.5B Fed Palace Overhaul

US Fed chair Jerome Powell continues to face mounting pressure to step down amid scrutiny into whether he was truthful to Congress about the Fed's 'Palace of Versailles' renovation to its headquarters in Washington, DC.

International Business Times UK

Employees at the nation's consumer financial watchdog say it's become toothless under Trump

Once a powerful watchdog for financial wrongdoing, the Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration

The Independent UK

Trump again slams ‘stupid’ US Fed chairman over interest rate levels

US president’s frequent attacks against Jerome Powell have sparked concerns about independence of the central bank.

Al Jazeera

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Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency

The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower interest rates.

Fortune

Trump ramps up his war on Jerome Powell - and might have found reason to oust the Federal Reserve chair

Donald Trump has found a new angle to attack Federal Reserve Chairman Jerome Powell and potentially replace him

The Independent UK

Monetary policy at the world's most important central bank could hinge on an argument over building renovation specs

The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV show.

Fortune

Trump defends Texas flood handling as disaster tests vow to shutter Fema

Since disaster that has killed at least 120 people, US president has remained quiet about promises to axe relief agency

The Guardian - US

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Budget chief faces tough questions on Trump’s high spending amid Medicaid cuts

IN FULL

The Independent UK

Budget Director confronted over Trump’s lavish spending amid government cuts

The White House’s Budget Director Russell Vought has been confronted over Donald Trump’s lavish spending amid cuts to government services.

The Independent UK

GOP Lawmakers Further Bill Slashing Funding to Watchdog Group Despite Dozens of Active Investigations

Republicans advanced a budget cutting the GAO's funding by nearly half, sparking Democratic opposition as the bill heads to the Senate.

Latin Times

US state department told to end nearly all its overseas pro-democracy programs

Exclusive: All but two of the programs awarded under the Bureau of Democracy, Human Rights, and Labor would be cut, affecting nearly $1.3bn in grants

The Guardian - US

How US cities have long planned for a Trump-led escalation against protests

The US president hinted at a crackdown on demonstrations long before his inauguration, and it’s finally here

The Guardian - US

‘Almost as in-house consultants as a part of the agency’s leadership’: Russell Vought plans to embed DOGE spies across entire federal government

When your coworker might be watching you.

We Got This Covered

Kathy Hochul deputy announces decision to challenge her in New York governor’s race – as it happened

Antonio Delgado announces run for governor and sets up Democratic primary battle for 2026 election

The Guardian - US

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The Guardian - US

Trump news at a glance: veterans affairs department muzzled after critical article

VA physicians and scientists ordered not to publish in medical journals without seeking clearance from Trump appointees. Key US politics stories from Sunday 1 June

The Guardian - US

Vought says Trump may not need Congress’s approval to cut federal jobs

Amid bipartisan opposition, director of management and budget office says Trump prefers to use ‘executive tools’

The Independent UK

With Elon Musk out of the picture – what happens to DOGE now?

Musk officially announced he was stepping down on Wednesday night. As a Special Government Employee, he is restricted to serving 130 days

Latin Times

Trump Official Banking on 'Growing Economy' to Offset Tax Cuts Sparks Backlash Online: 'My Grandchildren Are Screwed''

A senior Trump administration official sparked online backlash after being asked how the cost of tax cuts provided by the GOP spending bill would be counteracted, stating that the administration was depending on the future possibility of a growing economy.

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The Guardian - US

Workers at top US consumer watchdog sound warning as Trump bids to gut agency

Staff tell Guardian ripped-off Americans will have ‘nowhere to turn’ if Consumer Financial Protection Bureau is undone

International Business Times

CFPB Scraps Biden-Era Plan To Curb Data Brokers' Sale Of Personal Info

Consumer watchdog groups warned that withdrawing the rule leaves Americans more vulnerable to fraud and identity theft.

Salon

A major part of Project 2025 is failing

The conservative legal community appears to be rejecting the Trump team's vision of "radical constitutionalism"

International Business Times UK

Trump's New Budget Boss: Russell Vought to Lead 'Ruthless' Government Cuts After Musk Steps Down

Russell Vought, Trump's new OMB chief, is slashing £7.4bn and reviving Schedule F to fire federal workers. Efficiency or chaos?

The Independent UK

Trump budget plan includes massive cuts to punish ‘woke’ and ‘weaponized’ agencies

Congress has until September 30 to enact Fiscal Year 2026 appropriations legislation

The Independent UK

Flood the zone: Trump’s shock and awe game plan to revolutionize America – and keep his enemies on the back foot

ANALYSIS: The chaos of Trump’s first 100 days is actually the result of a deliberately choreographed plan to damage any institution not explicitly aligned with the MAGA movement, writes Andrew Feinberg

The Guardian - US

Trump has put Christian nationalists in key roles – say a prayer for free speech

Experts warn that a specific brand of Christianity will be prioritized and lead to a ‘further dismantling’ of institutions

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