Commercial banking

Senate Parliamentarian Elizabeth MacDonough has ruled that Republicans cannot move ahead with slashing the Consumer Financial Protection Bureau's funding and Federal Reserve staff pay in the tax bill.

Wenyu Chen is a CPA and valuation specialist with expertise in complex securities and financial instrument valuations. He is also a master's candidate in computer science at Georgia Tech.

Trevor Jones is a partner of the insurance practice for West Monroe, a global business and technology consulting firm. He is a strategic partner to P&C carrier and brokerage C-suites, fusing board-level vision with hands-on execution across underwriting, distribution, and claims.

In an interview on CNBC, Fed Governor Christopher Waller reiterated his view on the inflation hit from new tariffs likely being short-lived.

"I would be quite surprised if he did not make a choice that fair-minded observers on both sides recognized as a reasonable person," Summers said on Bloomberg Television.

The credit bureau is working with Plaid to provide lenders with current and predictive cash-flow data for consumers that don't have an extensive credit record.

Sprout's ex-CEO Michael Strauss, who has avoided the legal proceedings, has been accused of money laundering and is facing two foreclosures in New York.

Rostyslav Vovk has been the CEO of Kormotech for the last 11 years, helping to establish it as one of the top 50 global manufacturers of pet food. He is also the founder of Kormotech Ventures, an investment fund for supporting pet-care startups in Europe and the U.S.

Federal Reserve Chair Jerome Powell said the changes could touch the central bank's quarterly economic forecasts. He also discussed downsizing at the Fed and his tenure on the board of governors.

The Senate version includes restoration of the mortgage interest deduction, but a tax code revision likely would stifle foreign investment in real estate.

The department's head pointed out that manufactured housing is the most affordable non-subsidized option for building homes.

Bill Pulte's social media posts saying inflation has fallen far enough added to intensified political pressure on the independent Federal Reserve chairman.

Previous predictions of a "silver tsunami" that might add essential housing supply are ebbing as senior citizens see benefits of aging in place, Redfin said.

Kathleen C. Engel is Research Professor of Law at Suffolk University Law School.

Seven officials now foresee no rate cuts this year, compared with four in March. Two others pointed to one cut this year.

Despite increased concerns about tariffs and inflation, 55% of Americans feel upbeat about their fiscal future, according to TransUnion.

Housing advocates are cheering the Senate's embrace of expanding Low Income Housing Tax Credits which ensures a volume increase and reduces a key bond threshold test.

An elevated inventory of homes for sale and high mortgage rates sapped the motivation to build as permits issued in May fell to a five-year low

The 30-year fixed-rate mortgage remains in the same general vicinity since the post-tariff spike, and significant movement isn't expected soon.

The publicly traded company will become privately held as part of the all-cash servicer-lender acquisition, with a $20-per-share payout to common stockholders.