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Jerome Powell

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Federal judge blocks DOJ subpoenas targeting Federal Reserve Chair Powell

March 13, 2026 by bp56691
A federal judge on Friday blocked subpoenas that the U.S. Department of Justice (DOJ) served the Federal Reserve in a case involving Jerome Powell’s Congressional testimony on the central bank’s headquarters renovation.
Categories Department of Justice, Federal Reserve, HWmember, Jerome Powell, Legal, LendingLife

Fed delivers third straight rate cut, but housing market will see limited relief

December 10, 2025 by bp56691
The Federal Reserve delivered another 25-basis-point cut to its benchmark interest rate on Wednesday, setting the target range at 3.5% to 3.75%.
Categories Federal Open Market Committee, Federal Reserve, HWmember, Jerome Powell, LendingLife, Monetary Policy, Mortgage, Mortgage Rates, Regulatory

Kevin Hassett is the rumored lead for Fed chair position

November 25, 2025 by bp56691
Kevin Hassett is the rumored frontrunner to become the next Federal Reserve chair as he aligns with Trump’s interest rate agenda.
Categories Donald Trump, Federal Open Market Committee, Federal Reserve, HWmember, Jerome Powell, Monetary Policy, Mortgage, Politics, Regulatory, Trump Administration

With Powell set to move on, who are the candidates for the next Fed chair?

November 21, 2025 by bp56691
With Jerome Powell’s term ending in May, several candidates are in the running to become the next Federal Reserve chair.
Categories Federal Reserve, HWmember, Jerome Powell, Monetary Policy, Mortgage, Regulatory, Trump Administration

Raphael Bostic to retire as Atlanta Fed president

November 12, 2025 by bp56691
Raphael Bostic, the first Black and openly gay regional Fed president, announced his retirement from the Atlanta Fed, effective in February 2026.
Categories Atlanta, Federal Reserve, HWmember, Jerome Powell, Mortgage, Regulatory

Another Fed rate cut to finish 2025? Not so fast

November 4, 2025 by bp56691
The odds that the Federal Reserve will cut benchmark interest rates again in December are still high — but not as high as they were before last week’s cut.
Categories Federal Reserve, HWmember, Inflation, Jerome Powell, Monetary Policy, Mortgage Rates, Regulatory

Powell sends mortgage rates higher as he questions December cut

October 29, 2025 by bp56691
Powell sends mortgage rates higher as he questions December cut
Mortgage rates rose by 14 basis points after the Fed cut rates, as Powell’s hawkish tone pushed back on December rate cut expectations.
Categories Federal Reserve, Housing Market, HWmember, Jerome Powell, Mortgage Rates

Fed prepares to pivot balance sheet, with potential ripple effects for mortgages

October 28, 2025 by bp56691
A growing number of economists believe the Federal Reserve is close to announcing the end of its quantitative tightening (QT) program — a move that could have wide-reaching implications for the mortgage industry.
Categories AnnieMac, Bank of America, Federal Reserve, HWmember, Jerome Powell, LendingLife, MBS, Monetary Policy, Mortgage, Mortgage Rates, Regulatory, UMortgage

Lisa Cook loan docs listing ‘vacation home’ seem to undermine mortgage fraud claims

September 13, 2025 by bp56691
The loan estimate for an Atlanta condo Cook bought in 2021 shows that Cook declared the property a “vacation home,” not a primary residence.
Categories Bill Pulte, Federal Reserve, HWmember, Jerome Powell, Mortgage, Mortgage Fraud, Politics, Regulatory

Mortgage rates drop to another new low for 2025

August 13, 2025 by bp56691
Mortgage rates drop to another new low for 2025
Mortgage rates reached a new 2025 low on Wednesday, despite core inflation running at 3.1% year over year, according to the CPI report.
Categories Housing Market, HWmember, Inflation, Jerome Powell, Mortgage Rates
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