Treasury Secretary Scott Bessent announced that President Trump is very close to making his selection for the next Federal Reserve chairman. “My guess is the president will reach a decision maybe as soon as next week,” said Bessent during a CNBC interview at the World...
Connecticut Gov. Lamont announced a freeze on property tax assessments for the state’s farms amid warnings that farmers would face severe tax hikes that would imperil their operations. In a letter to the state’s Office of Policy and Management, Lamont ordered the...
The Federal Home Loan Bank of Chicago (FHLBank Chicago) has launched the 2026 iteration of its Downpayment Plus and Downpayment Plus Advantage grant programs with a $28 million allocation to help income-eligible homebuyers across Illinois and Wisconsin. Working in...
Federal Reserve Chairman Jerome Powell is planning to attend Wednesday’s oral arguments before the US Supreme Court in the case of President Trump’s attempt to fire Fed Gov. Lisa Cook over allegations that she committed mortgage fraud. The Associated Press, sourcing...
A federal bankruptcy judge approved the $451 million sale of a 93-building portfolio encompassing more than 5,100 rent-stabilized apartments in New York City, ignoring efforts by Mayor Zohran Mamdani to block the transaction. The Gothamist reports the real estate firm...
