Apply Online
Schedule a Call

Politics and policy

Trump-era OCC eyes lighter capital rules to boost lending

Trump-era OCC eyes lighter capital rules to boost lending

Minimum capital requirements, Politics and policy, Regulation and compliance /

Acting Comptroller of the Currency Rodney HoodBloomberg News WASHINGTON — Acting Comptroller of the Currency Rodney Hood confirmed that the Trump administration plans to revise capital requirements for banks, aiming to ease what he described as excessive regulations that could constrain credit.  The remarks, delivered to a crowd at the U.S. Chamber of Commerce’s Capital […]

Trump-era OCC eyes lighter capital rules to boost lending Read More »

Former Fed vice chair Stanley Fischer dies at 81

Former Fed vice chair Stanley Fischer dies at 81

Federal Reserve, Monetary policy, Obituaries, Politics and policy /

Former Federal Reserve Vice Chair and noted macroeconomist Stanley Fischer, who passed away Saturday at 81.Bloomberg News (Bloomberg) — Stanley Fischer, a professor and practitioner of macroeconomics who helped guide central banks in two countries, Israel and the US, and mentored a younger generation of economic decision-makers, has died. He was 81. He died on

Former Fed vice chair Stanley Fischer dies at 81 Read More »

Fed’s Waller backs change to ‘dot plot’ economic outlook

Fed’s Waller backs change to ‘dot plot’ economic outlook

Economy, Monetary policy, Politics and policy, Tariffs /

Federal Reserve Gov. Christopher WallerBloomberg News As the Federal Reserve examines its approach to communications, one official said the central bank should consider changes to its quarterly forecasts. During an onstage appearance at an event hosted by the Bank of Korea, Fed Gov. Christopher Waller said he would like to see reforms to the summary

Fed’s Waller backs change to ‘dot plot’ economic outlook Read More »

Senate begins putting its stamp on giant Trump tax, debt limit bill

Politics and policy, Property taxes, Regulation and compliance /

Significant changes are in store for President Donald Trump’s signature $3.9 trillion tax-cut bill as the Senate begins closed-door talks this week on legislation that squeaked through the House by a single vote.  Senate Republican leaders are aiming to make permanent many of the temporary tax cuts in the House bill, a move that would

Senate begins putting its stamp on giant Trump tax, debt limit bill Read More »

April PCE inflation comes in at 2.1%, nearing Fed goal

April PCE inflation comes in at 2.1%, nearing Fed goal

Federal Reserve, Monetary policy, Politics and policy, Tariffs /

Krisztian Bocsi/Bloomberg The Federal Reserve’s preferred measure of inflation continued to inch toward its 2% target last month, but the impact of higher tariffs have yet to reflect meaningfully in government data. The headline Personal Consumption Expenditure, or PCE, index increased 2.1% on an annualized basis in April, according to a report released by the

April PCE inflation comes in at 2.1%, nearing Fed goal Read More »

‘Reject Trump HUD cuts,’ city, state leaders tell Congress

Housing markets, HUD, Politics and policy, Trump administration /

A coalition of elected officials across the country is calling on Congress to continue funding of affordable housing programs targeted for elimination by the Trump administration.  Trump’s proposed fiscal year 2026 budget calls for the cancellation of the Community Development Block Grant and Home Investment Partnerships programs, both offered through the Department of Housing and

‘Reject Trump HUD cuts,’ city, state leaders tell Congress Read More »

Trump, Powell discuss economic outlook at White House

Trump, Powell discuss economic outlook at White House

Federal Reserve, Monetary policy, Politics and policy /

Andrew Harrer/Bloomberg Federal Reserve Chair Jerome Powell met with President Donald Trump at the White House on Thursday to discuss the economic outlook and monetary policy. During the meeting, Powell did not discuss his outlook for the federal funds rate, according to a statement issued by the Fed on Thursday afternoon. Instead, the central bank

Trump, Powell discuss economic outlook at White House Read More »

Musk departs White House, leaving CFPB in limbo

Musk departs White House, leaving CFPB in limbo

CFPB News & Analysis, Politics, Politics and policy /

Nathan Laine/Bloomberg WASHINGTON — Elon Musk is leaving the Trump administration after guiding some of President Donald Trump’s most radical attempts to dissolve government agencies, including efforts to greatly diminish the headcount at the Consumer Financial Protection Bureau.  Musk’s time in Washington has been fraught with uncertainty, including the extent to which he is responsible

Musk departs White House, leaving CFPB in limbo Read More »

What Trump’s latest GSE comments could mean for mortgages

Capital markets, Fannie Mae, Freddie Mac, GSE Reform, Politics and policy, Secondary markets /

Experts are weighing the future of mortgage rates and guarantee fees following the Trump administration’s strong yet mixed messaging on the future of Fannie Mae and Freddie Mac. President Trump in a Truth Social post Tuesday said he’s working on taking the government-sponsored enterprises public, stating they would retain their “implicit guarantees,” and that he

What Trump’s latest GSE comments could mean for mortgages Read More »

FOMC minutes reveal disagreement on possible tariff impacts

FOMC minutes reveal disagreement on possible tariff impacts

Federal Reserve, Monetary policy, Politics and policy /

Federal Reserve Federal Reserve officials were split about the potential inflationary impact of higher tariff rates during the central bank’s monetary policy meeting last month. Some members of the Federal Open Market Committee voiced concern that elevated import taxes could result in supply chain disruptions that lead to “persistent effects on inflation, reminiscent of such

FOMC minutes reveal disagreement on possible tariff impacts Read More »