Articles Tagged with ''Trump Administration''

HUD kills key tool used to enforce Obama fair housing rule

HUD withdraws “Local Government Assessment Tool”
The Trump administration just took another significant step toward derailing a controversial fair housing rule issued by the Obama administration in 2015. HUD announced late Friday afternoon that it is “withdrawing” a computer tool that was to be used to enforce the Obama administration’s Affirmatively Furthering Fair Housing rule.
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Trump administration officially nominates Michael Bright to lead Ginnie Mae

Bright has been leading Ginnie Mae on an interim basis since July 2017
Ginnie Mae has been without a permanent leader since January 2017, but that could soon change, as the Trump administration announced Tuesday that it is formally nominating Michael Bright to serve as president of Ginnie Mae. If confirmed, Bright would take over officially for former Ginnie Mae President Ted Tozer, who stepped down at the beginning of the Trump administration.
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New York suing HUD, Ben Carson to enforce Obama fair housing rule

State joins fair housing advocates lawsuit against Trump administration
The state of New York is moving to join a lawsuit against the Department of Housing and Urban Development and HUD Secretary Ben Carson over Trump administration recently moving to delay a controversial Obama-era fair housing rule meant to address segregation in housing.
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HUD signals changes could be coming to disparate impact rule

Invites comment on whether HUD rule is “consistent” with Supreme Court ruling
Changes could be on the way for the Department of Housing and Urban Development’s disparate impact rule. The rule, which was enacted by HUD during the Obama administration, is used as a method of enforcing the Fair Housing Act. Now, HUD is planning to invite comment from the public on whether its rule is "consistent" with a landmark Supreme Court ruling from 2015.
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Mick Mulvaney and the long, slow death of the CFPB

Long live the BCFP?
[Commentary] The Consumer Financial Protection Bureau is dead. Did you know that? No, the agency that everyone in the financial services industry loves to hate isn’t totally gone, at least not yet… but the CFPB as you knew it is dead. The bureau’s cause of death? Mick Mulvaney.
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New Jersey picks NYC official Paul Rodriguez to lead state’s answer to Mulvaney’s CFPB

Rodriguez currently serves as acting counsel to NYC Mayor Bill de Blasio
At various points during his tenure as acting director of the CFPB, Mick Mulvaney has made it clear that the bureau will not be run the same way under the Trump administration as it was under the Obama administration. In the wake of those changes, several states have indicated that they are prepared to step in and fill the consumer protection void. You can now count New Jersey among those states.
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Gary Cohn resigning as top White House economic advisor

Resignation comes after rumored fight over tariffs
Gary Cohn is resigning from his position as White House National Economic Council director, the New York Times reported Tuesday. It appears that President Donald Trump’s recent announcement that the U.S. plans to impose a 25% tariff on steel imports and a 10% tariff on aluminum was Cohn’s bridge too far.
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Ben Carson: Brain surgery was easier than running HUD

"There are more complexities here than in brain surgery," HUD secretary tells NYT
In a new report from the New York Times, U.S. Department of Housing and Urban Development Secretary Ben Carson acknowledged the difficulties of his role, which he once considered quitting, within the Trump administration. Carson told the paper: “There are more complexities here than in brain surgery,” about leading HUD.
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113 congressional Republicans declare support for Mick Mulvaney as CFPB director

File amicus brief in legal battle over bureau’s interim director
Late last week, a group of 113 congressional Republicans declared their support for President Donald Trump’s authority to name Mick Mulvaney as the interim director of the Consumer Financial Protection Bureau. The Republicans argue that Leandra English's assertion that she should be leading the CFPB has no merit.
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