The Trump administration is refusing to say if and when it will release $6.8 billion in federal education grants to states ...

Cognitive dissonance, or some may call it a lack of principles, has run strong throughout both iterations of the Trump ...

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

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

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

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

Additionally, the watchdog warned Vought that if OMB does not reinstate this data, the comptroller general has “a broad statutory right of access to apportionment data” and will “seek such ...

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 ...

Fostering public trust requires robust rules on how the technology is authorized, tested, disclosed, and overseen.

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

White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.