An unwelcome package in the mail, another retailer declaring bankruptcy, and an unlikely new officer at a tenants’ right nonprofit. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 4-8. Miss: A Message from a Kook. The...
President Trump has named Dr. Stephen Miran, chairman of the Council of Economic Advisors, as a temporary replacement on the Federal Reserve Board of Governors. Miran’s interim term will run through until Jan. 31, 2026. In a Truth Social posting, the president said...
President Donald Trump is reportedly planning to sign an executive order that will enable 401(k) retirement plans to encompass real estate, private equity cryptocurrency, and other alternative assets as part of their investment options. The order, which was first...
Treasury Secretary Scott Bessent will not be the next chairman of the Federal Reserve, according to President Trump. In a CNBC interview this morning, Trump stated Bessent was not interested in the job. “Well, I love Scott, but he wants to stay where he is,” Trump...
President Trump has nominated Joseph Gormley to become president of Ginnie Mae and Frank Cassidy to become commissioner of the Federal Housing Administration (FHA). Gormley has served as Ginnie Mae’s executive vice president and chief operating officer since April. He...