Items Tagged with 'Obama Administration'


  • Trump administration still claims Obama manipulated jobs data

    But says numbers are real now
    President Donald Trump continues to make claims about the unemployment rate, insisting that previous numbers were manipulated. However, after Friday’s strong employment report Trump insisted the numbers are real now. But the president isn’t the only one pointing fingers – his budget director also joined in saying he long-thought the Obama administration was changing the numbers.
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  • Ben Carson pledges to "really examine" latest FHA mortgage insurance premium cut

    Confirms that Trump team was not consulted on Obama administration’s decision
    Earlier this week, Julián Castro, the outgoing Secretary of the Department of Housing and Urban Development, told reporters that he does not expect the incoming Trump administration to repeal HUD’s decision to cut Federal Housing Administration mortgage insurance premiums. On Thursday, Ben Carson, President-elect Trump's choice to lead HUD, said the the incoming administration plans to "really examine" the Obama administration's decision before determining a course of action.
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  • Obama Administration selects final Promise Zone communities

    Brings economic growth to areas in distress
    More than two years after announcing the first round of Promise Zones, high-poverty areas of a city that will receive economic help, the Obama administration announced its last round of communities. Find out where they are located, how they were chosen and what this will mean for the future.
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  • Obama Administration considering extension of HAMP servicing rules

    Treasury’s Weiss reiterates opposition to Fannie, Freddie recapitalization
    Despite the fact that the federal government’s Making Home Affordable program is currently set to expire at the end of next year, one Obama administration official says that the mortgage servicing rules that were adopted as part of the Home Affordable Modification Program may be sticking around — permanently.
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  • HUD, administration announce Promise Zone competition

    Cabinets coordinate on urban, rural development in 8 new spots
    Housing and Urban Development Secretary Julián Castro joined Agriculture Secretary Tom Vilsack, Transportation Secretary Anthony Foxx, and Education Secretary Arne Duncan announced Friday morning a competition to designate a new round of Promise Zones.
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