A vote to reappoint 11 of the Fed’s 12 regional bank presidents puts an end to speculation that Trump administration might try to unseat inflation hawks opposed to interest rate cuts. Continue reading
The president jokingly told Treasury Secretary Scott Bessent that his job is also on the line if interest rates don’t come down, as poll shows inflation will be a key issue in 2026 midterm elections. Continue reading
The resignation of Biden appointee Adriana Kugler and pending retirement of Atlanta Fed President Raphael Bostic renews speculation that Trump will seek to undermine Fed independence. Continue reading
NAR Chief Economist Lawrence Yun said Friday there could be a brief bump in home sales after the government shutdown. Here are the other market forces he’s watching. Continue reading
FHFA acting Inspector General John “Joe” Allen is set to be fired, Reuters reports, and the position is now vacant as the mortgage giants move toward a public offering. Continue reading
Rates on 30-year fixed-rate mortgages hit another 2025 low on Tuesday, dropping to 6.12 percent, nearly a full percentage point lower than January. Rates now have less room to come down. Continue reading
Trump loyalist Kevin Hassett is seen as the most likely pick to lead the Federal Reserve Board next year. Critics say doubts about the central bank’s independence could put upward pressure on rates. Continue reading
James calls allegations over $109,600 mortgage baseless retribution, and a “continuation of the president’s desperate weaponization of our justice system.” Continue reading
The legal battle over the Fed’s independence will drag into next year, with the Supreme Court to hear oral arguments in January on the Trump administration’s bid to fire Cook. Continue reading
Lower courts have ruled Cook can continue to serve on the central bank’s board while she challenges the Trump adminstration’s move to fire her over unproven mortgage allegations. Continue reading