Biden Cancels Student Loans for 60,000 Public Service Workers
The Biden administration announced Thursday it is expediting the cancellation of student loans for more than 60,000 public employees. The move comes just 18 days before the 2024 election, and the number of public servants receiving these taxpayer-funded benefits now exceeds 1 million. The donation will provide $4.5 billion in debt relief to teachers, firefighters […]
Trump Vows To Make Interest On Car Loans Tax Deductible During Speech In Blue Wall State
Former President Donald Trump promised to make interest on auto loans fully tax deductible in a speech at the Detroit Economic Club on Thursday. The former president announced plans to propose a policy that would make interest on auto loans fully tax deductible, with the goal of expanding domestic auto production and lowering the cost […]
How the Fed’s rate cut will impact auto loans
Eddie Ghabour, co-founder of Key Advisors Wealth Management, speaks with Varney & Co. about how the Fed's decision to cut interest rates will impact markets in the near term. Americans looking to buy a car in the near future may be hoping that the Federal Reserve's 50 basis point cut in the federal funds rate […]
Americans are falling behind on credit card bills, auto loans
There are growing signs that Americans are struggling to make payments, and Wall Street is starting to worry. About 9.1% of credit card balances were delinquent in the past year, the highest rate in more than a decade, according to a recent survey by the Federal Reserve Bank of New York. The same survey found […]
Newsom vetoes controversial bill that would have given housing loans to illegal immigrants
First appeared on FOX: California Governor Gavin Newsom vetoed a controversial bill that would have given illegal immigrants hundreds of thousands of dollars in home loans. Last month, the California Assembly passed AB 1840, known as the “California Dream for All” loan program, which would provide loans of up to $150,000 to undocumented immigrants as […]
Nancy Pelosi Supports New CA Bill Making Illegal Immigrants Eligible For Home Loans: ‘It’s the American dream being available to more people’
House Speaker Nancy Pelosi (D-Calif.) pauses during her weekly press conference on Capitol Hill in September (Photo by Drew Ungerer/Getty Images) By Blake Wolf, OAN StaffWednesday, September 4, 2024 10:34 AM Former Democratic House Speaker Nancy Pelosi praised California's new bill, AB 1840, which allows illegal immigrants to get loans for first-time homebuyers. advertisement The […]
Washington State’s homeownership program offers loans based solely on race
Washington state launched a new housing program last month offering interest-free loans of up to $150,000 based solely on a prospective homebuyer's race. The Covenant Homeownership Program, which will launch July 1, 2024, will provide homebuying assistance to Washingtonians who suffered discrimination before 1968, when the Fair Housing Act was passed. To be eligible for […]
Gavin Newsom to Decide After CA Democrats Pass $150,000 Home Loans for Illegal Aliens
California Governor Gavin Newsom is set to make a final decision on legislation that would allow undocumented immigrants to get $150,000 mortgages as first-time home buyers after the state Legislature passed the final version of the bill on Wednesday. AB 1840, @AsmArambula The bill, which would expand the state's down payment assistance program to undocumented […]
Ex-California resident slams state bill that gives illegal immigrants housing loans: ‘Asinine’
A longtime, multigenerational California resident, Faith Larcy packed up her things and moved to South Carolina in May with her husband and four children to become first-time home buyers. Buying a home in California was too expensive, so they looked elsewhere. Currently, California's progressive legislature is moving forward with a bill that would offer undocumented […]
Taliban Claims U.N. Will Help Fund ‘Small Business’ Loans in Afghanistan
The ruling Taliban-controlled Afghanistan state news agency reported on Monday in a now-deleted article that the United Nations Political Mission in Afghanistan (UNAMA) was working to “facilitate small-scale projects through loan clauses.” In a separate article, still available on its website, state news agency Bakhtar reported that UNAMA head Roza Otunbayeva said broadly that UNAMA […]