What is the federal funds rate? The federal funds rate is the interest rate the government sets for one bank to charge another bank for ultra-short-term loans, usually just overnight. It's ...

Though President Biden quickly rescinded Schedule F when he took office in 2021—before any positions could be converted out of the federal government’s competitive service—that hasn’t ...

For the first time in four years, the Federal Reserve's benchmark, short-term rate was scaled back by a half percentage point. The previous 23-year high remained stagnant since July 2023 until ...

The federal agency tasked with protecting the nation’s elections systems has retreated from some of the key work it did to counter false and viral information about voting in the 2020 election ...

Follow live updates on the 2024 election One major difference this time is that a Democrat is in the White House, and federal authorities, including the FBI and the broader Justice Department ...

(AP Photo/Brian Witte) ANNAPOLIS, Md. (AP) — Maryland became the first state on Friday to join a federal program designed to improve health care quality and equity while lowering costs for all health ...

As former President Donald Trump vows to “shatter the deep state” and make it easier to fire “rogue bureaucrats,” some of his former aides and conservative think tanks have been collecting ...

President William Henry Harrison (Whig), who died a month into his presidency in 1841, is the only president to make no federal judicial appointments. President Jimmy Carter (D) made the most judicial ...

The federal government’s fiscal year ended September 30, 2024, and spending is once again in the spotlight. In this hotly contested political climate, candidates are using the power of the purse ...

In the days leading up to the election, Federal News Network previewed what a second Trump administration might look like for the federal workforce, based on statements made during the campaign and ...

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Federal investigators, involving multiple agencies like the Bureau of Prisons and the Justice Department’s inspector general, launched an interagency operation at Brooklyn’s Metropolitan Detention ...