Katy O'Donnell
Reporter at POLITICO
Reporter, Politico. [email protected] [email protected] DM for Signal
Articles
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1 week ago |
politico.com | Sam Sutton |Katy O'Donnell
Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. BEVERLY HILLS — President Donald Trump is promising that his economic agenda will empower American consumers and unlock economic growth.
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2 weeks ago |
politico.com | Sam Sutton |Katy O'Donnell
Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. The White House broke out the sparkling wine when it framed March’s blockbuster jobs report as a sign that President Donald Trump had fostered an employment boom.
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3 weeks ago |
politico.com | Katy O'Donnell
The slump is especially noteworthy because sales typically pick up in March as the spring buying season gets underway. The housing slump comes amid dizzying financial market volatility and falling consumer confidence. | Justin Sullivan/Getty Images The housing market had its worst March since the global financial crisis, weighed down by high borrowing costs and falling consumer confidence in the economy.
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3 weeks ago |
politico.com | Katy O'Donnell
Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro.
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1 month ago |
politico.com | Katy O'Donnell
A major shakeup at the top U.S. housing regulator is drawing protests from Democrats, who fear the Trump administration is rushing to privatize the two government-run companies that finance much of the industry. Selling off Fannie Mae and Freddie Mac, which together back about half the country’s $13 trillion residential mortgage market, could destabilize the already struggling industry and push up borrowing costs, they say.
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The Consumer Financial Protection Bureau intends to withdraw dozens of interpretive rules, policy statements and advisory opinions reaching back over a decade. https://t.co/Yz8XT5JShG
Trump's "skinny budget" would slash HUD funding by nearly half. It would cut rental assistance by $26.7 billion while imposing a two-year cap on "able-bodied adults" receiving the aid. Nixes CDBG, HOME programs https://t.co/6egN6xiA9k
“It looks like the mortgage rate is the magical influence for the housing market,” Yun said, and “It’s definitely possible that the swings in the stock market in recent times may have also shocked some people into pulling back” from plans to buy home. https://t.co/MZsU9tVxfc
