Republicans are demanding details on the Federal Housing Finance Agency’s new mortgage rate pricing shifts that could force people with good credit ratings to pay increased fees to subsidize high-risk mortgages. The FHFA, the regulator of Fannie Mae and Freddie Mac, announced changes last week to the loan-level price adjustment, or LLPA, matrix as part of the Biden administration’s efforts to […]

GOP Chair Ronna McDaniel said Republicans stand united to defeat President Joe Biden in 2024, as Americans want to send him “packing.” “Biden is so out-of-touch that after creating crisis after crisis, he thinks he deserves another four years,” McDaniel said in a statement issued by the Republican National Committee shortly after President Joe Biden […]

House Republicans’ go-it-alone debt limit bill pairs a debt ceiling increase expected to last into next year with what Speaker Kevin McCarthy said would be about $4.5 trillion in savings generated in part by cutting Biden administration priorities. The bill released on Wednesday — dubbed the Limit, Save, Grow Act — aims to raise the debt limit […]

Senate Republican Leader Mitch McConnell returned to the Capitol Monday after a five-and-a-half-week absence as his party faces an array of tough political problems: the expiration of the debt limit, a messy fight over the 2024 presidential nomination and divisions over abortion policy.  McConnell has been the GOP’s steady hand on the levers of power in Washington […]

House Republicans have issued a subpoena to the Federal Trade Commission (FTC) for information related to the agency’s investigation into Twitter, which GOP lawmakers argue has been used to “harass” the social media platform. Rep. Jim Jordan, R-Ohio, who chairs the House Judiciary Committee, issued a subpoena to FTC Chair Lina Khan on Tuesday, arguing the agency has […]