Key insight: Treasury said it will abolish the CDFI Fund in reduction in force notices handed out to employees on Friday.  Forward look: The CDFI funding that’s already been appropriated could be subject to what’s called a “pocket recession,” a move likely to be legally challenged.  What’s at stake: Millions of dollars for banks and […]

Key Insight: A higher volume of litigation necessitates the hiring of more defense and appellate counsel. What’s at Stake: A shortage of attorneys could delay rulemakings and weaken the agency’s defense in federal courts.  Supporting Data: By some estimates, about 500 employees have left the agency since the Trump administration took over and Vought told

Mortgage rates saw their biggest day-over-day decline of the past several weeks today in response to unexpected news regarding additional tariffs on China. Trump had previously been scheduled to meet with China’s President Xi in 2 weeks, but  today said there was no reason to do so and that the administration is currently calculating a