Sen. Elizabeth Warren (D-MA) has declared that President Trump is planning to remove Federal Reserve Chairman Jerome Powell from his position. In an interview with Bloomberg Television, Warren claimed that Trump believes “all the power belongs to the king” and...
The Federal Reserve will not be cutting rates this month. The central bank’s policy making Federal Open Market Committee announced in a statement that it would “maintain the target range for the federal funds rate at 4.25% to 4.5%.” In making its announcement, the Fed...
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...
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...
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...
Redfin’s Housing Affordability Scenarios Stretch From 2029 to Beyond 2036
