Sen. Thom Tillis (R-NC) has offered a compromise solution that will enable him to drop his threatened block of Kevin Warsh’s nomination to chair the Federal Reserve without having the Trump administration lose face over its probe into cost overruns at the central...
The US Senate voted 89-10 to pass the 21st Century ROAD to Housing Act, a bipartisan bill designed to address the challenges facing the housing market. However, leaders within the housing industry offered a mixed response to the bill’s contents and goals. The...
In a rare display of Capitol Hill bipartisanship, the Senate Banking Committee unanimously passed the Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025. The legislation is designed to expand and preserve the national housing supply through 40...
President Trump’s Saturday morning firing of Consumer Financial Protection Bureau (CFPB) Rohit Chopra generated a split reaction, with Republicans welcoming the ouster of the Biden-appointed regulator and Democrats not sharing that enthusiasm. Sen. Tim Scott (R-SC),...
The Senate Committee on Banking, Housing, and Urban Affairs voted along party lines 13-11 to advance President Trump’s nomination of Scott Turner to become the next Secretary of Housing and Urban Development (HUD), despite efforts by Ranking Member Sen. Elizabeth...
Fitch Warns Mortgage Lenders Face 2027 Squeeze as Servicing Exposure and De…
