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The Latest Breaking News from Russell Vought

Trump Budget Chief Warns Federal Firings Could Begin Within Days As Shutdown Bites

The warning follows a memo Vought issued last week, which instructed agencies to prepare Reduction in Force (RIF) notices for employees in programs that lost funding after the fiscal year expired.

International Business Times

Trump's Budget Office Chief Directs 'Orderly Shutdown' Of Government: Blames Democrats' $1 Trillion 'Insane Policy Demands'

With just hours left to go before government funding lapses at midnight, the Director of the Office of Management and Budget, Russell Vought, instructed federal agencies to begin preparations for a shutdown.

Benzinga

Senate Democrats vote down Republican bill to keep funding the government putting it on path to shutdown

Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries get their caucus to hold fast against a continuing resolution written by Republicans

The Independent UK

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Government Set To Shut Down Tomorrow

Plus: Eric Adams drop out, Assata Shakur gets fawned over, James Comey gets roasted, and more...

Reason

Protesters demand release of HIV funds ‘illegally’ withheld by Trump

People take to streets against Trump administration plans to rescind funding for life-saving international programs

The Guardian - US

‘Secretary of Everything’ Marco Rubio hands control of what’s left of USAID to Project 2025 co-author

Members of Congress blast Russell Vought for trying to claw back $5 billion from embattled foreign aid agency

The Independent UK

Marco Rubio Ditches One of His Four Jobs in the Trump Administration Ahead to his Trip To Mexico

The current Secretary of State handed over the responsibility of USAID to Russel Vought, Director of the Office of Management and Budget.

Latin Times

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Vaccine misinformation led to an officer’s murder at the CDC – politicians’ silence is deafening

After a gunman reportedly deceived by anti-vaccine disinformation opened fire on the CDC and fatally shot David Rose, a community grieves as Trump officials remain silent

The Guardian - US

As the ADA turns 35, groups fighting for disability rights could see their federal dollars slashed

Congress is considering proposals from President Donald Trump to slash funding for disability rights centers in each state, and advocates worry that they could lose more than 60% their federal dollars

The Independent UK

Trump Says Not 'Necessary' To Fire Jerome Powell — But Presses Fed Chair On Rate Cuts And $2.5 Billion Renovation: 'I'd Love Him To Lower Interest Rates'

In a rare Presidential visit to the Federal Reserve headquarters, President Donald Trump publicly pressed Fed Chair Jerome Powell to deliver sharp interest rate cuts while criticizing the central bank's $2.5 billion renovation project.

Benzinga

Trump To Tour Fed As War On Central Bank Chief Ramps Up

Donald Trump is due to visit the US Federal Reserve Thursday as the president escalates his pressure on its chairman Jerome Powell over the central bank's management of the economy.

International Business Times

Trump’s freeze on $6 billion in education funds could lead to school closures, lawmakers warn

School districts around the country have raised concerns that withholding federal funds may force some schools to close down

The Independent UK

‘Stop violating the law!’: Exasperated judge blasts Trump for blackout over public money

White House illegally took down website data showing how taxpayer data is spent, court finds

The Independent UK

Trump’s $9B clawback against PBS and NPR may have bought him a post-summer government shutdown

President has circumvented the government appropriations process and that may heap pain on him come fall

The Independent UK

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The Guardian - UK

Trump calls Fed chair ‘a numbskull’ who ‘makes it difficult for people to buy a house’

In new attack, US president accuses Jerome Powell of preventing central bank from lowering interest rates

Benzinga

Jerome Powell Defends $2.5 Billion Fed HQ Overhaul, Says 'No VIP Dining Rooms,' No Private Elevators As Trump Allies Slam Project Over Versailles-Style Excess

Federal Reserve Chair Jerome Powell responded to scrutiny over the central bank's multi-billion-dollar, multi-year renovation of its Washington, D.C. headquarters, emphasizing that the project is being managed responsibly, with no extravagant features or misuse of public funds.

The Independent UK

Federal Reserve says building renovation complies with law, defends costs

Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies with plans approved by a local commission, disputing a White House suggestion that they had violated the law by deviating from those plans

Roll Call

Senate GOP pushes spending bills as Democratic anger builds - Roll Call

Senate GOP appropriators to bring a package of spending bills to the floor before the August recess, Chair Susan Collins said Thursday.

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The Guardian - US

White House seeks inspection of Fed building as Trump piles pressure on Powell

US president has suggested the central bank mismanaged funds for renovations at the Federal Reserve headquarters

Fortune

Trump’s $9 billion spending cuts could spare $400 million for HIV/AIDS relief

The move to save PEPFAR funding may prove useful in rallying GOP support from powerful lawmakers like Senate Appropriations chair Susan Collins, an outspoken critic of Trump’s proposed cuts.

Al Jazeera

Trump repudiates draft letter to fire US Fed chair Powell

Trump acknowledged discussing firing Powell with Republicans but denied a letter had been drafted to do that.

International Business Times UK

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.

The Independent 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

Al Jazeera

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.

Fortune

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.

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