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Trump Names Council of Economic Advisors Chairman Stephen Miran to Temporarily Fill Fed Board Vacancy

Trump Names Council of Economic Advisors Chairman Stephen Miran to Temporarily Fill Fed Board Vacancy

by Phil Hall | Aug 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump has named Dr. Stephen Miran, chairman of the Council of Economic Advisors, as a temporary replacement on the Federal Reserve Board of Governors. Miran’s interim term will run through until Jan. 31, 2026. In a Truth Social posting, the president said...
Trump Rules Out Treasury Secretary Bessent as Next Fed Chairman

Trump Rules Out Treasury Secretary Bessent as Next Fed Chairman

by Phil Hall | Aug 5, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Treasury Secretary Scott Bessent will not be the next chairman of the Federal Reserve, according to President Trump. In a CNBC interview this morning, Trump stated Bessent was not interested in the job. “Well, I love Scott, but he wants to stay where he is,” Trump...
Hits and Misses for the Real Estate Week of July 28-Aug. 1

Hits and Misses for the Real Estate Week of July 28-Aug. 1

by Phil Hall | Aug 1, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Fed ignores the president, FICO lobbies Congress, and Grant Cardone needs a CFO. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 28-Aug. 1. Miss: If You Can’t Say Something Nice. For the past several weeks, President...
Trump Calls on Fed Board of Governors to Overthrow Powell

Trump Calls on Fed Board of Governors to Overthrow Powell

by Phil Hall | Aug 1, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Two days after the Federal Reserve opted to hold rates again, President Trump has renewed his attacks on Chairman Jerome Powell – and this time, he is calling for a leadership revolt within the central bank’s leadership team. In a posting on Truth Social, the...
Federal Reserve Holds Rates in Place

Federal Reserve Holds Rates in Place

by Phil Hall | Jul 30, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump’s efforts to cajole, coerce and bully the Federal Reserve into lowering rates came to naught as the central bank opted to maintain the target range for the federal funds rate at 4.25% to 4.50%. Today’ vote marked the fifth straight meeting to end...
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