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Senate Democrat Leaders Demand HUD Halt Staff Cuts

Senate Democrat Leaders Demand HUD Halt Staff Cuts

by Phil Hall | Feb 17, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Five Democratic leaders in the US Senate – including Minority Leader Sen. Chuck Schumer (D-NY) and Ranking Member of the Banking, Housing and Urban Affairs Committee Sen. Elizabeth Warren (D-MA) – sent a letter to Housing and Urban Development (HUD) Secretary Scott...
GOP Cheers, Democrats Slam Trump’s Firing of CFPB Director Rohit Chopra

GOP Cheers, Democrats Slam Trump’s Firing of CFPB Director Rohit Chopra

by Phil Hall | Feb 3, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

President Trump’s Saturday morning firing of Consumer Financial Protection Bureau (CFPB) Rohit Chopra generated a split reaction, with Republicans welcoming the ouster of the Biden-appointed regulator and Democrats not sharing that enthusiasm. Sen. Tim Scott (R-SC),...
Trump Budget Office Issues Temporary Pause on Federal Loan and Grant Programs

Trump Budget Office Issues Temporary Pause on Federal Loan and Grant Programs

by Phil Hall | Jan 28, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

President Donald Trump’s Office of Management and Budget (OMB) has ordered all federal agencies to temporarily block the disbursement of most grants and loans. According to a Roll Call report, the block does not involve Social Security, Medicare and other...
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