Major League Baseball has announced that it will spearhead an effort to build new homes for victims of hurricanes Katrina and Rita through its support for Habitat for Humanity International.The official announcement of the program, Major League Baseball Rebuilds, will be tied in to the third game of the World Series Tuesday night in Houston. "In the wake of these devastating hurricanes, the baseball community joined together and took immediate action to aid victims in the Gulf Coast region, but the need to support the many people affected by this natural disaster remains a great task," said Allan H. "Bud" Selig, the commissioner of baseball. "Through this initiative, and with the help of our fans around the world, we hope to help the rebuilding and revitalization of the Gulf Coast region." Major League Baseball said it will join with Habitat to build eight houses during the World Series for victims of the two hurricanes.
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A federal judge ruled that acting Consumer Financial Protection Bureau director Russell Vought unlawfully refused to request agency funding from the Federal Reserve Board, dealing a procedural blow to a legal argument that the Fed can only fund the CFPB when it turns a profit.
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A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
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A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
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Lennar's first fiscal quarter earnings were down by more than half after three years of persistent trials which are testing consumer confidence and sentiment.
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Federal bank enforcement actions have dropped sharply since the start of the second Trump administration, but experts' views vary about whether less enforcement will result in a buildup of risk in the financial system.
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