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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 | News/Current 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...
Hits and Misses for the Real Estate Week of Feb. 10-14

Hits and Misses for the Real Estate Week of Feb. 10-14

by Phil Hall | Feb 14, 2025 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

DOGE’s impact on Washington, Greenland hijinks and Redfin’s under the radar layoffs. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 10-14. Hit: Getting It Done. Earlier this week, the Department of Housing...
Democrat Leaders Urge Federal Reserve and Regulators Not to Work with Elon Musk’s DOGE

Democrat Leaders Urge Federal Reserve and Regulators Not to Work with Elon Musk’s DOGE

by Phil Hall | Feb 13, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Two Democratic leaders in Congress are warning the Federal Reserve and other financial regulatory agencies not to cooperate with staff members of Elon Musk’s Department of Government Efficiency (DOGE) while the Trump administration is requesting employees at the...
CFPB’s Vought Stops Fed Funding for Agency, Closes Agency HQ for the Week

CFPB’s Vought Stops Fed Funding for Agency, Closes Agency HQ for the Week

by Phil Hall | Feb 10, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Russ Vought, the new acting director of the Consumer Financial Protection Bureau (CFPB), has informed the Federal Reserve it will not be requesting funds to finance its operations for Fiscal Year 2025 while informing the agency’s workforce that its headquarters will...
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 | Market Snapshot, News/Current Events, 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),...
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