H.R. 4 and H.R. 517 Signed into Law S. 1582

On Thursday, July 24, 2025, the President signed into law: H.R. 4, the “Rescissions Act of 2025,” which rescinds certain budget authority proposed to be rescinded in special messages transmitted to the Congress by the President on June 3, 2025, in accordance with section 1012(a) of the Congressional Budget and Impoundment Control Act of 1974; H.R. 517,

Trump, Powell Disagree Over Fed Renovation Costs in Construction Site Visit

President Donald Trump and Federal Reserve Chair Jerome Powell tour the Federal Reserve’s $2.5 billion headquarters renovation project on in Washington on July 24, 2025. Chip Somodevilla/Getty Images Federal Reserve Chair Jerome Powell disputed President Donald Trump’s cost estimate of renovations at the central bank’s Washington headquarters. Trump and Powell briefly addressed reporters during a

Trump Visits Federal Reserve Construction Site Amid Cost Overrun

President Donald Trump and Federal Reserve Chair Jerome Powell tour the Federal Reserve’s $2.5 billion headquarters renovation project on in Washington on July 24, 2025. Chip Somodevilla/Getty Images Federal Reserve Chair Jerome Powell disputed President Donald Trump’s cost estimate of renovations at the central bank’s Washington headquarters. Trump and Powell briefly addressed reporters during a

Slotkin Says Democrats Split on Strategy During Trump’s Second Term

Sen. Elissa Slotkin (D-Mich.) rehearses the Democratic response to President Donald Trump’s address to a joint session of Congress, in Wyandotte, Mich., on March 4, 2025. Paul Sancya/Pool/AFP via Getty Images Sen. Alyssa Slotkin (D-Mich.) said Democrats remain split over how seriously to treat President Donald Trump’s second term and must adopt a tougher posture