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Donald Trump’s potential vice president picks
  + stars: | 2024-06-21 | by ( Kaanita Iyer | ) edition.cnn.com   time to read: +15 min
CNN —Former President Donald Trump has been busy in recent weeks. Doug Burgum speaks during a campaign event with former President Donald Trump, in Laconia, New Hampshire, in January. Vance, shakes hands with former President Donald Trump during a rally hosted by the former president at the Delaware County Fairgrounds in Delaware, Ohio. He is also close with Donald Trump Jr.Vance, a former venture capitalist, veteran and author, is among the candidates who received vice-presidential vetting materials from the Trump campaign. Rep. Byron Donalds speaks before former President Donald Trump at the “People's Convention” of Turning Point Action on June 15, 2024, in Detroit.
Persons: Donald Trump, Trump, Doug Burgum, Al Drago, Burgum, Burgum —, , CNN’s Kaitlan Collins, , ” Burgum, , Sen, Marco Rubio, Joe Raedle, Florida Sen, Marco Rubio —, Rubio, Joe Biden, Vance, Drew Angerer, Vance Ohio Sen, J.D, Donald Trump Jr, Mike Pence’s, Tim Scott, Justin Sullivan, Tim Scott Trump, Scott, Nikki Haley, Elise Stefanik, Chip Somodevilla, Stefanik, Stefanik —, she’s, Ben Carson, Anna Moneymaker, Carson —, — didn’t, ” Carson, Carson, ” Trump, Byron Donalds, Carlos Osorio, Ron DeSantis, Donalds, Jim Crow, ” Donalds, ” “, Tasos Katopodis, Biden, Haley, ” Haley, didn’t, Tom Cotton, Andrew Harnik, Tom Cotton Arkansas Sen, Cotton, Tulsi Gabbard, Brendan Smialowski, wokeness, ” Gabbard, Gabbard, CNN’s Veronica Stracqualursi, David Wright, Shania Shelton, Kristen Holmes, Steve Contorno, Stephen Collinson, Avery Lotz, Manu Raju, Alayna Treene, Kate Sullivan, Aaron Pellish, Jeff Zeleny, Eva McKend, Gregory Krieg, Kylie Atwood, Arit John, Ebony Davis, Clare Foran, Ali Zaslav, Ted Barrett Organizations: CNN, Republican National Convention, North Dakota Gov, Bloomberg, Getty, Doug Burgum North Dakota Gov, Microsoft, Trump, Miami - Dade Country Fair, Delaware County Fairgrounds, Capitol, Fox News, Greenville Convention Center, South, Republican, Senate, South Carolina Gov, Grace Baptist Church, Ben Carson Former Housing, Urban, Department of Housing, Florida Gov, Trump ”, Democratic, Press, GOP, United Nations, UN, National Security Council, House, Senate Republican, NBC, Conservative Political, Conference, Tulsi, Former Hawaii Rep, Democratic National Committee, Democrat, New York Times, Defense Department, State Department Locations: New York, Laconia , New Hampshire, Miami, Florida, Delaware, Delaware , Ohio, Congress, Ukraine, Greenville, Greenville , South Carolina, South Carolina, Grappone, Concord , New Hampshire, Marion , Iowa, Detroit, Byron Donalds Florida, Trump, West Des Moines , Iowa, Washington , DC, Afghanistan, Iraq, National Harbor , Maryland, AFP, American
But the way homes are built in the United States makes speed impossible. Years ago, Rupnik’s Croatian grandmother, an architect herself, pointed him to an intriguing answer to this conundrum: modular housing projects built in Europe in the 1950s and ’60s. Sure, prefab complexes, and especially Soviet bloc housing, could be ugly and too homogenous, but the process created millions of housing units in a flash. Hooked, Rupnik started researching modular housing for his doctoral dissertation. Unable to find much more information, Rupnik turned to the Department of Housing and Urban Development, which created the program.
Persons: Ivan Rupnik, Rupnik, George Romney, Nixon Organizations: Harvard Graduate School of Design, Department of Housing, Urban, HUD, Republican Locations: United States, Croatian, Europe
The federal Housing Choice Voucher Program, also known as Section 8, is also the biggest, aiding about 5 million people in 2.3 million households. While it's illegal in some places to discriminate against voucher holders, the practice isn't outlawed everywhere. Fully funding housing vouchers would mean many more housing-insecure and unhoused people would get help. Related storiesIn its budget for fiscal year 2025, the Biden administration requested a $2.5 billion increase for voucher funding over 2023 levels. Researchers at the Department of Housing and Urban Development have proposed piloting a direct cash transfer program for rent as an alternative to housing vouchers.
Persons: Will Fischer, Biden, Jenny Schuetz, isn't, Lindsey Nicholson, Michael Stegman, Stegman, Tara Radosevich, Fischer, Schuetz Organizations: Service, Business, of Housing, Urban Development, Budget, Harvard, The New York Times, Republicans, Brookings Institute, Getty, Urban Institute, HUD, Washington State, Department of Housing Locations: , Los Angeles, Fort Worth, Philadelphia, Iowa, Long Island City, Queens, Oregon
AdvertisementFormer President Donald Trump is entering the final stretch in his vice presidential selection process. So with that in mind, here's Business Insider's initial vice presidential power rankings. He's a former presidential candidate himself, a fact many recent vice presidential nominees share (though Trump ignored that in 2016). Entrepreneur Vivek Ramaswamy: Ramaswamy staked out the most pro-Trump territory of any GOP presidential hopeful. Having never held elected office, the Roivant Sciences founder would have one of the least conventional resumes of any recent major party vice presidential nominee.
Persons: Donald Trump, Trump, , I'm, Sen, Tim Scott of, TIMOTHY A, CLARY, Scott, He's, Larry Ellison, we've, Doug Burgum, North Dakota Ethan Miller, Kevin Cramer, haven't, Pence, Burgum, Dakotan, Marco Rubio, Joe Raedle, Florida Rubio, Rubio, Rubio isn't, Politifact, Elise Stefanik, Chip Somodevilla, New York Stefanik, Stefanik, Liz Cheney, isn't, it's, Biden, Mike Johnson's, JD Vance, Ohio Republican Andrew Harnik, Ohio Vance, Vance, Mike Pence, Byron Donalds of, Donalds, Kevin McCarthy's, Mike Johnson, hasn't, Vivek Ramaswamy, Ramaswamy, Tulsi Gabbard, Gabbard, Jr's, there's, Ben Carson, Carson, Glenn Youngkin, Youngkin, Rupert Murdoch, Kristi Noem Organizations: Service, Republican, Time Magazine, Republican Party, Getty, Oracle, CNBC, Black Republican, Reconstruction, Trump, GOP, Gov, North Dakota Burgum's, Democrat, LBJ, Microsoft, Ohio Republican, Roivant Sciences, Democratic, RFK, South Dakota Gov Locations: Milwaukee, Nebraska, Tim Scott of South Carolina, Iowa, North Dakota, Marco Rubio of Florida, New York, Wyoming, Ohio, Byron Donalds of Florida, Trump, Hawaii, Michigan, Virginia
When you miss a mortgage payment, you incur late fees and hurt your credit score. But skipping mortgage payments comes with serious consequences that could include losing your house. Are you finding it hard to make your monthly mortgage payment? This allows you to pause your mortgage payments for a certain amount of time or, in some cases, make reduced payments instead. FAQsWhat should I do first if I realize I can't make my mortgage payment?
Persons: Craig Martin, Christian Mills, Freddie Mac, you've, you'll, it's, Aly J, Yale Aly J, Bob Organizations: Christian, US Department of Housing, Urban, Chevron, Yale, Forbes, Money Magazine, The Dallas Morning News, Bob Schieffer College of Communication, Twitter
"Since the pandemic, affordability has just totally collapsed," said Chen Zhao, a senior economist at Redfin. February 2021 was the last month when the typical household earned more money than they needed to afford the median home. The U.S. Department of Housing and Urban Development (HUD) sets the standard of affordability at 30% of household income. Affordability deficit narrowed in FebruaryThe average household fell short $29,448 to afford a home in February, according to Redfin. The affordability deficit narrowed because rates have been on a consistent decline since the last peak in October, according to Zhao.
Persons: Chen Zhao, They've, Zhao, It's, Jeff Ostrowski, Veronica Fuentes, Fuentes, Ostrowski, Buyers, Redfin, Louis, What's Organizations: Getty, Redfin, Finance, U.S . Department of Housing, Urban Development, Northwestern Mutual, Cleveland Locations: U.S, Detroit, Pittsburgh, St, Philadelphia, Indianapolis, Warren, Mich, Cincinnati, Milwaukee , Kansas City , Virginia Beach, Va, Antonio, Columbus , Ohio
Opinion | Kamala Harris’s Epic Fail in Puerto Rico
  + stars: | 2024-03-28 | by ( Yarimar Bonilla | ) www.nytimes.com   time to read: +1 min
Kamala Harris arrived in San Juan, P.R., last Friday for her first official visit as vice president. The trip was meant, in part, to highlight the Biden administration’s dedication to aiding the island’s recovery. Ms. Harris’s roughly five-hour visit began in the community of San Isidro, in the municipality of Canóvanas. Many of the residents lack land titles, which made them ineligible for the Federal Emergency Management Agency programs Ms. Harris aimed to promote. The area was originally an informal settlement built on public wetlands by those displaced after Hurricane Hugo in 1989.
Persons: Kamala Harris, Biden, ’ missteps, Harris’s, María Ramos de Jesús, Harris, Hugo, Ramos’s, Hurricane Maria Organizations: Department of Housing, Urban, Federal Emergency Management Agency, FEMA, Hurricane Locations: San Juan, P.R, San Isidro, Canóvanas, Puerto Ricans
Ron DeSantis after the former GOP presidential candidate privately urged former President Donald Trump to not use "identity politics" when picking his running mate. "chicken fingers and pudding cups is what you will be remembered for you sad little man," Chris LaCivita, who co-manages Trump's campaign, wrote on X in response to a news article about DeSantis' comments. But I don't want people representing 10, 15% of the party being in the driver's seat," DeSantis told supporters on the call, according to audio NBC obtained. DeSantis may have also insulted Susie Wiles, a one-time ally who along with LaCivita leads Trump's campaign, during the call. According to NBC, the Florida governor blamed certain people in Trump's orbit for the former president's treatment of him.
Persons: , Ron DeSantis, Donald Trump, Chris LaCivita, Trump, DeSantis, Susie Wiles, LaCivita, he's, Laura Ingraham, Sen, Tim Scott of, Vivek Ramaswamy, Bryon, Kristi Noem, Tulsi Gabbard, Kellyanne, Conway, Scott, Ramaswamy, Ben Carson, Florida Sen, Marco Rubio, Wesley Hunt Organizations: Service, Trump, Florida Gov, GOP, Business, NBC News, Republican Party, NBC, Fox News, Florida , South Dakota Gov, New York Times, Trump White House Locations: Florida, United States, Tim Scott of South Carolina, Florida , South, Hawaii, Donalds, Wesley Hunt of Texas
CNBC | Evelyn ChengBEIJING — Hot competition in China's electric car market is pushing local automakers to sell vehicles with fancy tech that Tesla doesn't yet offer in the country — and sometimes at lower prices. Tesla's cars don't come with those accessories, and Elon Musk's automaker only offers a limited version of its driver-assist tech in China right now. Xpeng 's G9 SUV, widely considered a leader in China for driver-assist tech on city streets, starts at 289,900 yuan. That's because electric car batteries and other parts aren't made in the U.S., which means American companies are already paying a premium for core components of the electric car, Li said. Traditional foreign auto giants like Volkswagen are struggle to adjust to the surge of electric cars in China, while domestic companies, including smartphone company Xiaomi and Geely-backed startup Zeekr, are rushing to release electric cars.
Persons: Evelyn Cheng, Tesla, Elon, Li Yi, Aito, Li Auto, Yiming Wang, Wang, Li, wasn't, Appotronics, aren't, BYD, Zhong Shi, Omer Ganiyusufoglu Organizations: CNBC, Elon Musk's, Huawei, HSBC, Consumers, China Renaissance Securities, Price, U.S ., U.S, China Automobile Dealers Association, BYD, Volkswagen, German's National Academy of Science, Engineering Locations: Evelyn Cheng BEIJING, China, Shenzhen, Europe, Shanghai, U.S, Tesla
And a growing number of people who are eligible for government housing assistance aren't getting it. But unlike other government benefits like Medicaid and food stamps, housing aid doesn't automatically go to those who need it. And across 31 pilot basic income programs , recipients spent an average of about 9.2% of their payments on housing and utilities. AdvertisementThe amount that the federal government spends on its housing assistance programs, mainly Housing Choice Vouchers and public housing, is determined by Congress each year. "Housing support across America is very fractured and variable," said Sean Kline, director of Stanford's Basic Income Lab.
Persons: , doesn't, Matt Desmond, Chris Herbert, Ulbrich, Matt Turner, hasn't, Sean Kline, Matthew Fowle, Fowle, Kline, Herbert Organizations: Service, Homelessness, Business, Urban Institute, Assistance, Columbia University's, Poverty, Princeton, Harvard Joint Center for Housing Studies, Economic, Congress, Harvard, The New York Times, Department of Housing, Urban Development, Philadelphia Housing Development Corporation, University of Pennsylvania, UPenn's Housing Locations: Washington ,, San Francisco, Davos, America, Philadelphia
In a letter to the Department of Housing and Urban Development and the Consumer Financial Protection Bureau, ten Democratic U.S. senators asked the regulators to investigate Navy Federal Credit Union’s mortgage lending for compliance with federal anti-discrimination laws. The credit union, which has more than 13 million members, lends to military servicemembers, defense personnel, veterans, and their families. “Navy Federal’s members have made countless sacrifices in their service to our country,” the senators wrote in the letter. The credit union declined to provide CNN any additional data that would make it possible to analyze those factors. Navy Federal has not yet responded to the lawsuits in court.
Persons: Sen, Sherrod Brown, Ron Wyden, Mary McDuffie, Emanuel Cleaver, Steven Horsford, Hakeem Jeffries, , Maxine Waters, Ben Crump – Organizations: CNN, Department of Housing, Urban Development, Consumer Financial Protection, Democratic U.S, Navy, Credit, Banking, Finance, Congressional Black Caucus, Federal, , Navy Federal, Financial Services Locations: Ohio, Oregon, “ Navy, Virginia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeople are not yet feeling the impact of economic progress, says Fmr. HUD Secretary Julián CastroHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Julián Castro, Brian Sullivan, Organizations: CNBC
Where are the 12 US gov't funding bills to avert shutdown?
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +7 min
But first, the House and Senate would have to agree upon the overall dollar amount of spending for the 12 bills combined. The Senate passed its version as part of a three-bill package on Nov. 1 with strong bipartisan support. DEFENSEOne of the largest of the 12 bills funds the Department of Defense - the Army, Navy, Air Force and the CIA. The Senate's version passed out of committee on July 27. The Senate's version passed out of committee on July 27.
Persons: Jon Cherry, shutdowns, Joe Biden, Biden, Kevin McCarthy, Moira Warburton, Aurora Ellis Organizations: U.S . Capitol, REUTERS, Rights, Democratic, Republican, Senate, of Veterans Affairs, Army, Navy, Air Force, U.S . Department of Agriculture, Food and Drug Administration, of Transportation, Federal Aviation Administration, Department of Housing, Urban, House Republicans, Amtrak, Department of Defense, CIA, Department of Energy, Nuclear Regulatory, of, of Indian Affairs, Land Management, Environmental Protection Agency, The, Department of Homeland Security, FBI, Federal Emergency Management Agency, Department of State, Agency for International Development, Peace Corps, Congress, Capitol Police, of Congress, Office, Treasury, of Columbia, Federal Trade Commission, COMMERCE, of Commerce, U.S . Census, U.S . Patent, Department of Justice, Republicans, HUMAN, of Education, Department of Health, Human Services, Department of Labor, Social Security Administration, National Labor Relations Board, Thomson Locations: Washington , U.S, United States, New York, U.S, Washington
The Office of Management and Budget reminded senior agency officials Friday to update and review shutdown plans. Those plans can vary from shutdown to shutdown. The nearly 4 million Americans who are federal employees will feel the effect immediately. Essential workers will remain on the job, but others will be furloughed until the shutdown is over. For many of them, a shutdown would strain their finances, as it did during the record 35-day funding lapse in 2018-2019.
Persons: , , Doreen Greenwald, Everett Kelley, Pell, disbursing Pell, It’s, treasurers Organizations: CNN, Management, National Treasury Employees Union, American Federation of Government Employees, Transportation Security Administration, Social Security, TSA, of Labor Statistics, Federal Reserve, Business Administration, Futures, US Centers for Disease Control, Drug Administration, Safety, Health Administration, Environmental Protection Agency, , Smithsonian, National, National Archives, National Park Service, of Education, Federal Student Aid, Federal, Department of, Assistance, SNAP, US Department of Agriculture, Women, of Housing, Urban Development, Commission, Research, NOAA, Oceanic, Administration, National Science Foundation, Peace Corps, State Department, Defense Department Locations: United States, America, Washington, DC, shutdowns
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAuto workers have less buying power while CEO pay skyrockets: Fmr. HUD Secretary Julián CastroHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Julián Castro, Brian Sullivan, Organizations: CNBC
After Hurricane Michael struck Florida in 2018, home sales rose significantly, allowing disaster investors to reap the rewards. This venture has the potential to be even more rewarding given the increasing frequency of natural disasters in the US. But federal disaster relief is painfully slow to respond and often doesn't cover most of the costs. And while moratoriums on damaged land sales aren't a long-term, legally tenable solution, there are ways state officials might be able to deter disaster investors. As the threat of natural disasters increases, so will disaster profiteers.
Persons: Josh Green, Ian, Hurricane Michael, Hurricane, Joe Raedle, Hurricane Maria, Congress —, Hurricane Sandy, it's, Anthony DiMauro Organizations: Nashville Metro Council, FEMA, Hurricane, Centers for Environmental, Federal Reserve's Survey, Consumer Finances, Emergency Managment Agency, Small Business Administration, Urban Institute, Office, Congress, of Housing, Urban, Bloomberg, Newsweek, L.A Locations: Hawaii, Maui, Hawaii's, Tennessee, Nashville, Florida, Wilsey, New Orleans, California, Puerto Rico, Lahaina, New York
When Tresa Todd decided to pursue real-estate investing, she didn't have a ton of savings. Encouraged by her three sons who had been investing in Dallas real estate and offered to mentor her, she sold her house, quit her job, and moved to Dallas. Getting started with real estate wholesalingWhen Todd moved to pursue real-estate investing, she didn't have a ton of savings she could dip into, so her sons recommended she start with wholesaling. Todd sold her home in Tyler, Texas and moved to Dallas to invest in real estate alongside her sons. Do a Google search to find a community in your zip code and start attending local real estate meet-ups.
Persons: Tresa Todd, she'd, She'd, Todd, , Let's, She's Organizations: MLS, Estate Investors Locations: Tyler , Texas, Dallas, wholesaling
Building backyard tiny homes can be expensive. There are three states that will help with the cost, by providing homeowners with grant money. These backyard homes, called accessory dwelling units, or ADUs, are small housing units that homeowners can build on their property. In California, where most backyard homes are being built, ADU building permits cost anywhere from $450 to $15,000 — even before construction starts, according to Backyard Unlimited, a company that builds ADUs. Insider reached out to all 50 states to learn which pay homeowners to build ADUs.
Persons: you've, there's, Joyce Higashi's ADU, Kelsey Neubauer, Vermonters Organizations: Service, Backyard, Department, California Housing Finance, California Housing Finance Agency New, AMI, York State's Homes, York State Homes, Community Renewal, Champlain Housing Trust, Community Development, Windsor Housing Trust, Vermont Housing, of Housing, Community Locations: Wall, Silicon, California, California Housing Finance Agency New York, Monroe , New York, Hudson, New York City, Onondaga County, Syracuse, York, Community Renewal Vermont, Burlington , Vermont, Vermont, Champlain, Western Vermont, Windham, Windsor
"If you take away our health, you take away our wealth," Sanchez, a community planning manager at the Southeast Environmental Task Force, told Insider. The first-of-its-kind settlement with HUD could be a model for environmental justice advocates in other cities. If the city didn't agree to address environmental harms, it risked losing hundreds of millions of dollars in federal housing money. "Now all levels of city government have to listen to us and develop policies that are protective of public health." Sanchez said the case underscored the importance of updating city policies, because administrations come and go.
Persons: Oscar Sanchez, Sanchez, polluters, Robert Weinstock, who's, he's, Cheryl Johnson, Johnson, Jamie Kelter Davis, Weinstock, Brandon Johnson, Charles Rex Arbogast, Angela Tovar Organizations: Service, Environmental, Force, US Department of Housing, Urban Development, Northwestern University's Pritzker School of Law, Urban, Community, Factories, Washington, Getty, Chicago AP Locations: Chicago's, Chicago, Lincoln Park, Black, Calumet
Honeywell to acquire heads-up display assets from Sweden's Saab
  + stars: | 2023-06-28 | by ( ) www.reuters.com   time to read: +1 min
June 28 (Reuters) - U.S. conglomerate Honeywell (HON.O) said on Wednesday it had agreed to acquire Swedish aerospace firm Saab's (SAABb.ST) heads-up display (HUD) assets to strengthen its avionics unit. The HUDs will be integrated into aircraft cockpit systems, adding features such as wide field-of-view, high image resolution, low system latency and lower weight. The HUD system helps pilots with increased situational awareness, especially at night or in difficult weather conditions. "Heads-up displays have been known to reduce pilot workload, increase situational awareness, improve access to airports with enhanced flight vision system and safety," said Vipul Gupta, general manager, avionics, Honeywell Aerospace. Reporting by Pratyush Thakur in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.
Persons: Vipul Gupta, Pratyush Thakur, Shilpi Majumdar Organizations: Honeywell, Boeing, Airbus, Honeywell Aerospace, Thomson Locations: Swedish, Bengaluru
House Republicans have proposed deep spending cuts in exchange for increasing the debt limit. The White House says these cuts would leave thousands of children more vulnerable to lead poisoning. The cuts would reduce funding for HUD, which helps mitigate housing-related lead poisoning. The White House said this would mean cutting funding for the Department of Housing and Urban Development's lead mitigation efforts. The funding cuts would also heavily impact other housing assistance programs for low-income families, including taking housing vouchers from more than 800,000 households, the White House said.
I tried out a private jet simulator at a BAE Systems location in England. I tested its latest head-up display (HUD) technology, which is designed to make flying easier. I visited a BAE Systems base to try out its latest private jet simulator and experience what it's like to fly celebrities or the superrich around the world. My visit also gave me the opportunity to use one of BAE's most powerful tools — its head-up display (HUD). According to Charles, BAE is working on proposals for airlines, private jet operators, and prospective military clients to use the equipment.
It's possible to buy a house with bad credit, but you may end up with a high mortgage rate. Unlike conforming mortgages, which require a good credit score to qualify, loans that are available to those with lower credit scores typically have higher mortgage rates. You can also use our guide to the best low credit score mortgage lenders to see which lenders accept borrowers with lower scores. Get copies of your credit reportUnderstanding your credit history is key to understanding what's affecting your credit score. Review your credit report again to see what is impacting your credit score, then take steps to improve it.
House Republicans' debt ceiling bill would cut significant funding from federal housing services. HUD Secretary Marcia Fudge said the agency would suffer "the most devastating impacts in HUD's history" if the funding cuts in the bill are made law. He went on, "It's being positioned as congressional Republicans are heartless because they want to pass these spending cuts. "The House bill reduces spending to the levels we had in 2022. The last I checked, 2022 was not a horrid apocalypse sweeping across our country," Cruz told Insider on Wednesday.
Rep. Katie Porter detailed an odd 2019 exchange she had with Ben Carson over housing policy. Carson was unaware of the term REO and thought she said Oreo, as in the cookie sandwich. But Carson thought she was talking about a cookie — an Oreo to be specific. Porter detailed how she asked Carson if he knew the meaning of an REO during the hearing. "Secretary Ben Carson, the man in charge of housing for our nation, asked me if I meant 'Oreo.'
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