Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, left, and Senator Jack Reed, a Democrat from Rhode Island, speak during a confirmation hearing in Washington, DC, US, on Thursday, Oct. 30, 2025. Eric Lee | Bloomberg | Getty Images The Senate Armed Services Committee approved…
Family homes line the streets of a neighborhood on May 23, 2026, in Thousand Oaks, California. Kevin Carter | Getty Images An affordable housing bill limiting how many single-family homes major investors can buy is poised to be signed into law before the end of the month after key lawmakers in the House and Senate…
Senator Elizabeth Warren, a Democrat from Massachusetts, speaks to members of the media in the Senate Subway at the US Capitol in Washington, DC, US, on Tuesday, May 19, 2026. Al Drago | Bloomberg | Getty Images Sen. Elizabeth Warren, D-Mass., is raising concerns about whether recent rule changes at stock indexes cleared the way…
Sen. Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, during a hearing in Washington, April 21, 2026. Graeme Sloan | Bloomberg | Getty Images The State Department did not task the U.S. Transportation Command, or TRANSCOM, with evacuating Americans who aren’t affiliated with the federal government…
Ultrabillionaire Jeff Bezos on Wednesday hyped artificial intelligence, blamed government meddling for economic woes and broadly defended himself and his mega-rich peers in an exclusive interview with CNBC. But the Amazon and Blue Origin founder, in a wide-ranging interview with Andrew Ross Sorkin, initially struck a populist tone, at times sounding more like some progressive…
It has taken 8½ years, but on Wednesday President Donald Trump finally succeeded in reversing one of the few mistakes he has admitted to making as president. In November 2017, Trump chose Jerome Powell to chair the Federal Reserve, opting for someone he saw as malleable over a charismatic but youthful former Fed governor, Kevin…
The Department of Justice’s criminal investigation into Federal Reserve Chair Jerome Powell is merely “temporarily paused,” a pair of Democratic senators said in a letter sent to the department Friday and obtained first by CNBC. “Your announcement leaves the door wide open for you to relaunch the criminal probe against Chair Powell — or future…
Kevin Warsh’s newly released financial disclosures shed light on the Federal Reserve chair nominee’s vast wealth, but also raise questions about parts of his holdings that aren’t fully revealed in the paperwork. That could be a challenge for Warsh as he seeks to overcome a legacy of ethics scandals under the current chair, Jerome Powell….
Affordability has gone from being a dry financial term to an all-purpose hot button. Groceries, health care, child care, cars, gas — you name it, and affordability is attached to it these days. And then there’s housing, one of the stickiest issues in America’s affordability discussions. On March 12, the U.S. Senate passed a massive housing bill addressing affordability and supply, mostly of single-family homes. The 21st Century ROAD to Housing Act, chock-full of more than 40…
Sen. Jeff Merkley (D-OR) speaks at a news conference on his marathon overnight speech on the Senate floor at the U.S. Capitol Building on Oct. 22, 2025 in Washington, DC. Andrew Harnik | Getty Images A group of congressional Democrats on Thursday introduced legislation that would ban prediction market bets on elections, government actions, war…
