In a letter to Federal Reserve Chairman Jerome Powell, Senators Elizabeth Warren and Sherrod Brown have urged for Wells Fargo’s growth restrictions not to be lifted until Wells Fargo President and CEO Tim Sloan is removed.
Read More »How the Fed Will Review BB&T, SunTrust Merger
Fed Chair Jerome Powell outlined the steps that the Fed will take to ensure a “thorough and transparent” review of the recent merger during his testimony before the House Financial Services Committee.
Read More »Powell: “Financial Conditions Now Less Supportive of Growth”
Here’s what Fed Chair Jerome Powell had to share on the economy and housing during the Fed’s semi-annual monetary policy report to the Congress.
Read More »Fed Hits Pause on Rate Hikes
While Fed Chair Jerome Powell has signaled a pause on rate hikes, here’s how the Fed’s new strategy could impact housing and the economy.
Read More »Addressing the Fed’s Future
Here’s why Fed Chair Jerome Powell said he wasn’t likely to resign any time soon during a recent panel discussion in Atlanta.
Read More »Assessing Higher Bank Capital Requirements
A report analyzes banks’ heavy reliance on debt and its impact on the housing market.
Read More »Monitoring the Triggers for Financial Distress
The Fed’s first Financial Stability Report assesses the triggers that can impact the economy’s monetary stability. Watch this video to learn what the Fed Chairman, Jerome Powell had to say about this report’s findings.
Read More »500 Days: A Housing Industry Snapshot
Which rules and regulations have impacted the housing industry since the Trump administration came to power in January 2017? Click through to learn the impact of this administration’s legislation and nominations on the industry.
Read More »After Fed Hike, Mortgage Rates Could Rise Again
On Wednesday, after Jerome Powell's first Federal Open Market Committee (FOMC) meeting as Fed Chair, the Federal Reserve announced that it had increased the Fed funds rate by ...
Read More »Powell’s Congressional Testimony Backs Further Interest Rate Hikes
On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some ...
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