Items Tagged with 'President Donald Trump'

ARTICLES

  • Trump calls on Federal Reserve to lower interest rates

    Wants return of quantitative easing
    The Federal Reserve, which has increased interest rates numerous times in the last few years, recently signaled that it does not plan to increase interest rates any more for the remainder of this year. But if it was up to President Donald Trump, the Fed would be cutting interest rates instead.
    Read More
  • Housing industry responds to Trump's calls for housing finance reform

    Groups applaud president's official step toward instigating long-awaited change
    On Wednesday, President Donald Trump signed a memorandum calling for an end of the conservatorship of Fannie Mae and Freddie Mac. The memorandum details programs and objectives that the government agencies are asked to analyze for reform, but it doesn't provide many other specifics. Absent concrete details for change, most groups in the housing space applauded the president's move as an necessary step toward instigating much-needed change.
    Read More
  • Trump asks HUD to address financial viability of reverse mortgage program

    Housing finance reform to include assessment of HECMs
    President Donald Trump this week put into motion federal action on the "overdue reform of the housing finance system." Among the president's to-do list for the HUD secretary: address the financial viability of the reverse mortgage program, and report back to him promptly with a detailed plan for reform.
    Read More
  • Trump officially calls for end to Fannie Mae, Freddie Mac conservatorship

    White House issues release calling for "overdue reform of the housing finance system"
    President Donald Trump is officially calling for an end to the conservatorship of Fannie Mae and Freddie Mac, according to a White House release issued Wednesday. Trump is expected to sign a memorandum later today issuing "overdue reform of the housing finance system," the White House said, marking the administration’s first official move to instigate a plan for GSE reform.
    Read More
  • HUD inspector general investigating whether Trump administration slowed disaster aid to Puerto Rico

    Watchdog said it plans to report findings to Congress
    The Department of Housing and Urban Development Office of the Inspector General is looking into whether the White House interfered with aid approved for Puerto Rico as the island struggled to recover from 2017's Hurricane Maria. HUD-OIG attorney Jeremy Kirkland told members of the House Financial Services Committee on Tuesday that it will be meeting with congressional lawmakers to request a probe.
    Read More
  • This is how much unpaid federal workers owe in housing payments

    Federal workers owe $438 million across mortgage, rent payments
    As the government shutdown heads into its 16th day, thousands of federal workers have been left without pay. Unfortunately, these Americans, like many around the country, still have to pay for their housing. This is the total amount of mortgage and rent payments at risk.
    Read More
  • Trump picks former CFPB Director Mick Mulvaney to be White House chief of staff

    Mulvaney gets a new job in the administration after all
    President Donald Trump has apparently long considered Mick Mulvaney to serve as White House chief of staff, and now, after numerous fits and starts to that process, Mulvaney is finally set to replace John Kelly in that role. Trump announced via Twitter on Friday afternoon that he is naming Mulvaney as the “acting” White House chief of staff. According to Trump, Mulvaney will officially take over as chief of staff when Kelly leaves the administration at the end of this year.
    Read More
  • Monday Morning Cup of Coffee: Nation honors veterans while wildfires ravage California and Trump tweets incite anger

    Plus, Amazon H2Q speculation sends ripples through real estate markets
    Today, the nation honors the 20 million American veterans who have fought for their country on the 100-year anniversary of the armistice of World War I. Also, as intense wildfires continue to ravage California, President Donald Trump tweets that mismanagement has led to the destruction, inciting a flurry of criticism. We’ve got all that and more in your Monday Morning Cup of Coffee.
    Read More
  • New York opens investigation into Trump real estate tax fraud allegations

    State officials respond to bombshell New York Times report
    New York state officials are investigating whether President Donald Trump, his father, and his family committed tax fraud in a series of complex real estate dealings designed to avoid federal tax laws, which supposedly built the president’s fortune, multiple outlets report. The investigation comes in the wake of a sprawling New York Times investigation into the Trump family and how the president made his money.
    Read More
  • Retirement experts: Trump's order on retirement savings falls short

    Fixing the retirement problem means fixing Social Security
    Last week, President Donald Trump made a move to address what many are calling a looming retirement crisis that could cripple the country as more Baby Boomers age. While his promise to “take care of our people, to rebuild our nation, and to fight for our great American workers” sounds great, some retirement experts question whether it really amounts to much.
    Read More