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Federal Reserve Enacts First Rate Cut of the Year

Federal Reserve Enacts First Rate Cut of the Year

by Phil Hall | Sep 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve enacted its first rate cut since December with a quarter-percentage point lowering the target range for the federal funds rate to 4% to 4.25%. The vote by the central bank’s Federal Open Market Committee was nearly unanimous. The only dissent was...
Report: Trump to Take Lisa Cook Ouster Efforts to the Supreme Court

Report: Trump to Take Lisa Cook Ouster Efforts to the Supreme Court

by Phil Hall | Sep 16, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration is planning to continue its effort to remove Federal Reserve Gov. Lisa Cook by taking its case to the US Supreme Court. The New York Times, sourcing its information from an unnamed “administration official who spoke on the condition of...
FHFA’s Pulte Blasts ‘Fake News’ for Not Backing His Efforts to Remove Fed Gov. Lisa Cook

FHFA’s Pulte Blasts ‘Fake News’ for Not Backing His Efforts to Remove Fed Gov. Lisa Cook

by Phil Hall | Sep 16, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency Director Bill Pulte reacted angrily to last night’s appeals court ruling blocking President Trump from firing Federal Reserve Gov. Lisa Cook by blaming the “fake news” for not backing his efforts to have Cook removed from office. In a...
Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat

Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat

by Phil Hall | Sep 15, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve’s policy making Federal Open Market Committee will convene on Tuesday with Lisa Cook remaining on the central bank’s Board of Governors and Stephen Miran temporarily filling a vacancy on that body. A federal appeals court rejected...
Report: Documents Show Lisa Cook Cited Atlanta Property as Second Home, Not as Primary Residence

Report: Documents Show Lisa Cook Cited Atlanta Property as Second Home, Not as Primary Residence

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

A Reuters review of loan documents issued to Federal Reserve Gov. Lisa Cook on an Atlanta home shows the property was declared as a “vacation home” and not as a “primary residence.” Bill Pulte, director of the Federal Housing Finance Agency, has repeatedly insisted...
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