- Sep 16-17, 2025|San Diego, CA
Federal Reserve Chair Jerome Powell didn't say much when asked about whether Fed Gov. Stephen Miran's presence on the committee brings the central bank's independence into question.
"We did welcome a new committee member today, as we always do," Powell said. "We remain committed to our dual mandate goals. We're strongly committed to maintaining our independence, and beyond that I don't have anything to share."
Powell has long resisted questions from the press related to the White House or its efforts to wield more control over the Fed, so his limited response comes as no surprise. But Miran — who is taking a leave of absence from his prior position as chair of the White House Council of Economic Advisers, is the first Fed member with such explicit ties to an administration in decades. Other former CEA chairs have served on the Fed board, but have typically resigned from those positions rather than retaining them.
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Stephen Miran will take unpaid leave from and might seek to return to President Trump's Council of Economic Advisers, he said, raising conflict of interest questions in his nomination hearing for a seat on the Federal Reserve Board.
September 4
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The retail business in its hiring announcement touted its technology offerings and transparent compensation structure in attracting the originators.
September 4
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The 30-year conforming fixed rate mortgage ended this week at its lowest since last Oct. 17, helped by bond traders pricing in a reduction in short-term rates.
September 4
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Small lenders are turning to local sponsorships, social media, education and word-of-mouth to compete with big banks' massive marketing budgets.
September 4
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As Washington weighs a national housing emergency, U.S. homeownership has slipped year-over-year, according to Redfin.
September 3
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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The retail business in its hiring announcement touted its technology offerings and transparent compensation structure in attracting the originators.
September 4 -
The Justice Department has opened a criminal investigation into Federal Reserve Gov. Lisa Cook and allegations of mortgage fraud, allegations that spurred President Trump to terminate her position on the Fed Board last week. Cook is challenging the president's authority to remove her in court.
September 4
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The 30-year conforming fixed rate mortgage ended this week at its lowest since last Oct. 17, helped by bond traders pricing in a reduction in short-term rates.
September 4 -
Wall Street strategists say investors are becoming more concerned about Federal Reserve independence as President Donald Trump seeks to impose his will on the central bank and pushes for interest-rate cuts.
September 4 -
Small lenders are turning to local sponsorships, social media, education and word-of-mouth to compete with big banks' massive marketing budgets.
September 4
