Person Root Tag

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Edward Mendlowitz
March 23, 2020 10:39 AM

What we did yesterday is no longer relevant during the coronavirus pandemic, and we need to adapt and quickly. Here are some issues to consider.

3 Min Read
Paul Burton
March 23, 2020 10:11 AM

The comptroller called for passage of a federal rescue bill and measures to shore up the city budget.

3 Min Read
Neil Haggerty
March 22, 2020 8:05 PM

The COVID-19 pandemic has already given rise to false marketing of test kits and criminals impersonating the FDIC. Consumer advocates say the bureau could issue alerts as well as empower banks to help safeguard their customers’ funds.

5 Min Read
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New York Gov. Andrew Cuomo promised a 90-day moratorium on mortgage payments for financially strapped New Yorkers because of the coronavirus.

2 Min Read
Senate Finance Committee ranking member Ron Wyden, D-Ore. (left), shakes hands with committee chairman Chuck Grassley, R-Iowa.
Michael Cohn
March 20, 2020 5:10 PM

Republicans and Democrats in the Senate have released separate sets of tax proposals aimed at alleviating the effects of the coronavirus pandemic, in contrast to the two bipartisan bills that have been signed into law already.

5 Min Read
March 20, 2020 11:24 AM

The Ohio Democrat argued that the public wouldn't be able to meaningfully provide feedback on rules given the stressful circumstances related to the outbreak.

1 Min Read
Treasury Secretary Steven Mnuchin waits outside the Office of the U.S. Trade Representative in Washington, D.C.
Michael Cohn
March 20, 2020 10:42 AM

Treasury Secretary Steven Mnuchin tweeted Friday that President Trump has directed him to move Tax Day to July 15, giving taxpayers more time to file their taxes in the midst of the coronavirus pandemic.

3 Min Read
“We are delaying the opening of ... [the] comment period until we have some certainty on what the current overall situation is,” said FHFA Director Mark Calabria.
March 18, 2020 3:45 PM

FHFA Director Mark Calabria said the health crisis will complicate the release of a proposal establishing new capital requirements for Fannie Mae and Freddie Mac.

2 Min Read
News of the temporary freeze came as the administration had faced increasing pressure from members of Congress and housing advocates to halt foreclosures and evictions in response to the worsening economic fallout from the coronavirus outbreak.
Neil Haggerty
March 18, 2020 12:42 PM

The temporary foreclosure moratorium on loans backed by HUD, Fannie Mae and Freddie Mac comes after lawmakers and housing advocates had pushed for steps to avoid consumers getting booted from their homes.

2 Min Read
Fed Chairman Jerome Powell has suggested that the central bank could issue more forward guidance and direct more asset purchases. But Powell has also urged the White House and Congress to take actions on their own.
March 17, 2020 4:12 PM

The Federal Reserve's support for the commercial paper market made clear that it was willing to go beyond cutting interest rates, but the central bank may feel pressure to do even more as the crisis worsens.

6 Min Read