The justices on the US Supreme Court were highly skeptical to the Trump administration’s arguments that the president has the authority to fire Federal Reserve Gov. Lisa Cook over unsubstantiated allegations of mortgage fraud that occurred before she joined the...
President Trump has commuted the sentence of a real estate developer who was convicted two years ago in a $50 million mortgage fraud involving Connecticut properties. Jacob Deutsch of Brooklyn was sentenced in January 2024 to five years in prison and fined $10,000 for...
President Trump issued an executive order on Tuesday evening that directed federal agencies to stop backing loans and offering incentives that would enable institutional investor purchases of single-family homes. “A growing share of single-family homes, often...
Treasury Secretary Scott Bessent announced that President Trump is very close to making his selection for the next Federal Reserve chairman. “My guess is the president will reach a decision maybe as soon as next week,” said Bessent during a CNBC interview at the World...
Federal Reserve Chairman Jerome Powell is planning to attend Wednesday’s oral arguments before the US Supreme Court in the case of President Trump’s attempt to fire Fed Gov. Lisa Cook over allegations that she committed mortgage fraud. The Associated Press, sourcing...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
