The House of Representatives has tweaked the Senate-approved 21st Century ROAD to Housing Act by removing a provision requiring institutional investors who own build-to-rent (BTR) single-family housing to sell their properties within seven years of construction. The...
The US Senate has confirmed Kevin Warsh to become the 17th chairman of the Federal Reserve. Warsh was confirmed in a 54-45 vote along party lines, with Sen. John Fetterman of Pennsylvania as the sole Democrat approving the nomination. Warsh’s term will begin on May 15...
The US Senate voted mostly along party lines to advance Kevin Warsh’s nomination to the Federal Reserve Board of Governors. The 49-44 vote included two Democrats, Sens. Chris Coons of Delaware and John Fetterman of Pennsylvania, supporting Warsh. No Republicans voted...
The Senate Banking Committee voted 13-11 along party lines to advance the nomination of Kevin Warsh to become the next chairman of the Federal Reserve. Warsh’s nomination was in doubt when Sen. Thom Tillis (R-N.C.), who sits on the Senate Banking Committee, pledged to...
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...