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...
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...
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...
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...
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...
HUD Finalizes Citizenship Verification Rule for Public Housing and Section …
