The White House is sending $36 billion to buttress the Central States Pension Fund, one of the biggest and most troubled funds that manages the pensions of over 350,000 union workers and retirees. The pending announcement on Tuesday comes about 21 months after President Biden promised $86 billion to troubled […]
Biden
(Bloomberg) — Gold had the biggest weekly gain since July and copper rose as Joe Biden tightened his grip on the race for the White House, while investors also weighed prospects for further Federal Reserve stimulus. Bullion broke out of a narrow trading range seen over the past month as […]
For more than a decade, housing-finance giants Fannie Mae (FNMA) and Freddie Mac (FMCC) have remained in conservatorship after being bailed out amid the Great Recession. © MarketWatch photo illustration/Getty Images, iStockphoto Vice President Joe Biden would likely abandon the Trump administration’s approach to housing-finance reform if elected, experts say. Fannie and […]
Real estate investment, Real estate value getty With topics like the Supreme Court and COVID-19 dominating the election news cycle, the future of housing finance reform has received relatively little attention outside of the industry. Given its economic importance, though, that situation is likely to change soon. While there are […]