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United States Office of Management and Budget

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Vought on Project 2025 and the Fed

Amid President Trump's displeasure with Federal Reserve chairman Jerome Powell, Russ Vought, the director of the Office of Management and Budget, tells "Face the Nation with Margaret Brennan" that although he is one of the authors of the conservative guidebook Project 2025, he doesn't "even know what that chapter says" about the Fed. Plus, although he said a few weeks ago that the appropriations process needs to be less bipartisan, as the government faces a government funding deadline, he insisted Sunday that he is "not laying the predicate for a shutdown."

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Open: "Face the Nation," July 27, 2025

This week on "Face the Nation with Margaret Brennan," director of the U.S. Office of Management and Budget, Russell Vought, joins to discuss President Trump's trip to a Federal Reserve facility with Fed Chair Jerome Powell ahead of his departure for Scotland. Meanwhile, The Ohio State University President Ted Carter joins to explain how he's handling a new era of higher education amid the Trump administration's push to assert control over private and public institutions across the U.S.

Trump signs executive order on IVF and more

President Trump spoke from Florida after signing multiple executive orders Tuesday afternoon focusing on expanding access to in vitro fertilization, "radical transparency" for government agencies and establishing oversight functions for the Office of Management and Budget. He took questions on various issues including Ukraine peace talks between a U.S. and Russian delegation. CBS News chief White House correspondent Nancy Cordes joins with analysis.

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