May 7, 2025

donald trump

Loans

Collection on defaulted student loans to restart May 5

The change will lead to garnished wages and benefits for more than 5 million Americans starting this summer. Collection of defaulted student loans to resume May 5: What to know Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting. That’s about to change on May 5. WASHINGTON

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Mortgage

Mortgage rates bolt back toward 7%

What will happen to home sales? The upward movement serves as a bucket of cold water for a housing market that has had a relatively healthy level of activity at the start of the spring purchase season. Altos data released Monday showed that weekly pending single-family home sales rose slightly compared to year-ago levels as

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Funds

KCS its keeps priorities amid Department of Education uncertainty

Superintendent Jon Rysewyk on Knox County Schools’ biggest challenges The Knox County Schools leader talks about how to make changes within a huge school district. Knox County Schools has already worked through one change handed down from the Trump administration on DEI compliance, and Superintendent Jon Rysewyk says he’s ready for whatever comes next. As

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Loans

Trump Has History Of Underestimating Inflation—And Demanding Lower Rates

Trump nominated Jerome Powell to lead the Federal Reserve in 2017, then quickly turned on him. Drew Angerer/Getty Images Angered about interest rates, President Trump lashed out at Federal Reserve Chairman Jerome Powell Thursday, saying the central banker’s “termination cannot come fast enough!” Most presidents try to maintain distance from the Fed, whose leaders pride

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Funds

Don’t cut Maine’s funds over transgender athletes

KITTERY, Maine — A day after her home state was sued by the Trump administration, Sen. Susan Collins, R-Maine, reaffirmed her stance against transgender athletes playing girls and women’s sports. But she criticized the president’s attempts to rescind federal funds for Maine schools. The Department of Justice announced its lawsuit against Maine Wednesday, alleging a

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Mortgage

Trump administration refers NY AG Tish James for prosecution

WASHINGTON — New York Attorney General Letitia James — who infamously declared that “no one is above the law” when she was targeting Donald Trump — was hit with a federal criminal referral for instances of alleged mortgage fraud on Tuesday, according to a letter obtained by The Post. Federal Housing Finance Agency (FHFA) Director William

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Funds

Spartanburg’s Project R.E.S.T. scales back after Crime Victim Fund cut

Victims of domestic abuse often “aren’t sure how to leave, are scared to leave,” according to Krystal Watson, president and chief executive officer of Project R.E.S.T. “That’s why we exist.” Project R.E.S.T. – which stands for Restore, Empower, Support and Transform – is a shelter and a network of support for victims of sexual violence.

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Crypto

U.S. Crypto Lobbyists Flooding the Zone, But Are There Too Many?

Crypto’s moment has seemingly arrived in Washington, D.C., and the industry is trying to make the most of it. But as new organizations hatch and leadership shifts at the top advocacy operations, the field of pro-crypto groups trying to carry the torch is more crowded than ever. No fewer than a dozen groups — including

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Investors

Trump’s turmoil on market disaster for American economy

In response to the current economic turmoil, turmoil Trump alone has caused with his stupid tariffs, investors are dumping U.S. bonds. Letters to the Editor  |  Milwaukee Journal Sentinel Republican party starts to split as Trump hits the economy Some Republicans share their frustration after President Donald Trump hits the economy with tariffs. Well, President

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Crypto

How The Trump Family Is Going All-In On Crypto Projects

US President Donald Trump and his family have taken a interest in just about every corner of the crypto industry. There are nonfungible tokens and digital collectibles; a decentralized finance project; a proposed stablecoin; an effort at Bitcoin mining; and a pair of memecoins, one for the president and one for First Lady Melania Trump.

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