Federal Housing Finance Agency (FHFA) Director Bill Pulte has taken an unprecedented move in openly calling on Federal Reserve Chairman Jerome Powell to lower rates. In a posting on his personal X account – which he now mostly uses for FHFA messaging – Pulte wrote,...
The Federal Reserve ignored President Trump’s exhortations to cut rates and opted to maintain the target range for the federal funds rate at 4.25% to 4.5%. “Although swings in net exports have affected the data, recent indicators suggest that economic activity has...
Less than a week after declaring that Federal Reserve Chairman Jerome Powell’s “termination cannot come fast enough,” President Trump announced that he had “no intention” of removing the head of the central bank before his term expires in 2026. CNBC reports Trump...
President Trump called for the “termination” of Jerome Powell’s leadership at the Federal Reserve for failing to cut interest rates in a speedy manner. This morning, Trump took to his Truth Social platform to fault Powell for not following the example of the European...
The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 24-28. Hit: An Unprecedented Oops. Once upon a time,...