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White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives

by Phil Hall | Apr 9, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The White House is claiming that Federal Reserve Chairman Jerome Powell is willing to leave the central bank’s Board of Governors after his term expires, although Powell has never made any public comment to support that notion. In an interview this morning on Fox...
Financial Services Trade Groups Lobby White House to Lower Mortgage Costs

Financial Services Trade Groups Lobby White House to Lower Mortgage Costs

by Phil Hall | Jan 29, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

A trio of financial services industry trade groups – the Mortgage Bankers Association, America’s Credit Unions and the Independent Community Bankers of America – are lobbying the Trump administration to consider three actions that they claim could lower borrowing...
Trump Rejects Idea of Using 401(k) Funds for Homebuying Down Payment

Trump Rejects Idea of Using 401(k) Funds for Homebuying Down Payment

by Phil Hall | Jan 23, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump is rejecting a proposal raised by his administration that would have enabled homebuyers to use money from their 401(k) accounts to finance down payments. The Hill reports National Economic Council Director Kevin Hassett previewed the proposal last week...
Trump Remark Casts Doubt on Hassett as Next Fed Chairman

Trump Remark Casts Doubt on Hassett as Next Fed Chairman

by Phil Hall | Jan 16, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

An off-hand remark by President Trump appears to affirm that National Economic Council Director Kevin Hassett is out of the running to become the next Federal Reserve chairman. The Wall Street Journal reports Trump was speaking at a healthcare event at the White House...
Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues

Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues

by Phil Hall | Dec 22, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Trump administration has issued an all-hands-on-deck call to come up with plans to address the problems impacting affordable homeownership. In a Fox News Sunday interview, White House economic council director Kevin Hassett stated the focus on lowering housing...
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