April 2026

Exclusive: Warren to probe Warsh on his role in 2008 crisis

Key insight: Sen. Elizabeth Warren, D-Mass., is pressing the Fed for records on Kevin Warsh’s actions during the 2008 financial crisis, arguing he downplayed subprime risks and helped funnel taxpayer-funded bailouts to major Wall Street firms. Forward look: Warsh’s path to confirmation is already complicated, with Democrats uniformly opposed and Republican Sen. Thom Tillis withholding […]

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Housing shortage is at least 10 million homes, White House says

The US has a shortage of at least 10 million single-family homes, according to a new report from White House economists — a higher figure than some previous estimates from the government and the private sector.   Processing Content “If homebuilding and the growth of the single-family housing stock had continued at their historical pace instead of

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