Congress needs to approve the rescissions request before it expires at the end of the week, or the funds will have to be spent as lawmakers previously intended.

Sens. Susan Collins (R-ME), Mitch McConnell (R-KY) and Lisa Murkowski (R-AK) broke with the Senate Republican caucus and opposed both of the procedural votes, citing concerns about the bill — and, ...

There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...

The Senate voted by a razor-thin margin late Tuesday to advance debate on a package of funding cuts requested by President ...