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Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.
As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It Read More »
The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States.
Global Central Bankers Rally Around Fed Chair Powell Amid Criminal Investigation Read More »
Former Federal Reserve chiefs, Republican senators and — perhaps most important, many bond investors — raised concerns about an investigation into the bank’s leader.
White House officials have explored a vast array of ideas as the president looks to unfurl a housing affordability plan at an economic conference this month.
Facing Political Pressure, Trump Seeks Answer to Rising Housing Costs Read More »
The investigation, which is said to center on renovations of the Federal Reserve’s headquarters in Washington, signals an escalation in the long-running clash between President Trump and the chair.
Federal Prosecutors Open Investigation Into Fed Chair Powell Read More »
The investigation, which centers on renovations of the Federal Reserve’s headquarters in Washington, signals an escalation in the long-running clash between President Trump and the chair.
Federal Prosecutors Are Said to Have Opened Inquiry Into Fed Chair Powell Read More »
The unemployment rate fell in December, but job growth across 2025 was the lowest in five years.
U.S. Hiring Continues at Modest Pace, but Weaknesses Are Evident Read More »
For the central bank to lower interest rates again, officials will likely need to see more notable signs that unemployment is rising.
Fed Keeps Close Eye on Labor Market as It Assesses Further Cuts Read More »
The central bank faces two major hurdles early on in 2026 that will determine the extent to which it operates free of political meddling.
Fed’s Independence Faces Critical Tests as Trump Seeks to Remake Institution Read More »
