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Why Are So Many Voters Frustrated by the Economy? It’s Home Prices

Why Are So Many Voters Frustrated by the Economy? It’s Home Prices

by The Associated Press | Mar 15, 2024 | CR Daily, Industry News, Residential Real Estate

At the root of this problem: America failed to build enough homes for its growing population. The shortage strikes at the heart of the American dream of homeownership – dampening President Joe Biden’s assurances that the U.S. economy is strong.

Biden Pledges More Funds, Regulatory Crackdown to Address Housing Costs

Biden Pledges More Funds, Regulatory Crackdown to Address Housing Costs

by James Sanna | Mar 8, 2024 | Commercial & Industrial, CR Daily, Industry News, Westchester News

Among the many proposals and pledges included in his State of the Union speech Thursday night, President Joe Biden called on Congress to pass a package of tax credits and other funding measures to help address the nation’s housing shortage.

Biden Administration Announces Office-to-Residential Incentives

Biden Administration Announces Office-to-Residential Incentives

by The Associated Press | Oct 27, 2023 | Commercial & Industrial, CR Daily, Industry News

The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal dollars available to help spur such transitions.

Apartment Industry Pushes Back on Biden ‘Junk Fee’ Crackdown

Apartment Industry Pushes Back on Biden ‘Junk Fee’ Crackdown

by The Associated Press | Jul 21, 2023 | Banking & Lending, CR Daily, Industry News

The Biden administration on Wednesday took steps to disclose the so-called “junk fees” charged by landlords.

Biden Pledges More Funds, Regulatory Crackdown to Address Housing Costs

Biden Calls to Revive Bank Regulations Trump Weakened

by The Associated Press | Mar 31, 2023 | Banking & Lending, CR Daily, Industry News

Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling them that they can act under current law without additional steps taken by Congress.

Biden Launches Plan to Boost Housing Construction

Biden Launches Plan to Boost Housing Construction

by James Sanna | May 17, 2022 | Commercial & Industrial, CR Daily, Industry News

In the face of a massive, nation-wide shortage of housing construction, the White House announced a new slate of initiatives Monday to try to speed up the building of new units.

Biden’s Economic Challenge: Finding Workers and Goods

Biden’s Economic Challenge: Finding Workers and Goods

by The Associated Press | Jan 10, 2022 | Commercial & Industrial, CR Daily, Industry News

President Joe Biden enters the midterm election year of 2022 determined to address what economists call a “supply” problem — there aren’t enough jobseekers or goods to meet the country’s needs. This is also a political problem. The mismatch has obscured the strong...
Free Rapid Tests Part of Biden’s Winter COVID Strategy

Free Rapid Tests Part of Biden’s Winter COVID Strategy

by The Commercial Record | Dec 3, 2021 | Coronavirus, CR Daily, Industry News

As COVID-19 cases surge around the country and scientists begin to get a better picture of a worrisome new variant circulating, President Joe Biden on Thursday laid out his strategy to control the pandemic this winter without putting new restrictions on the economy.

What to Expect From Glasgow Climate Summit

What to Expect From Glasgow Climate Summit

by The Associated Press | Nov 1, 2021 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

The conference that has been billed as the last chance to prevent catastrophic global warming kicked off today with dark prophesies from world leaders.

Minus ‘Billionaire Tax,’ IRS Scrutiny of Bank Accounts, Biden’s $1.75T Plan Emerges

Minus ‘Billionaire Tax,’ IRS Scrutiny of Bank Accounts, Biden’s $1.75T Plan Emerges

by The Associated Press | Oct 29, 2021 | Banking & Lending, CR Daily, Industry News

President Joe Biden said he and Democrats in Congress reached a “historic” framework for his sweeping domestic policy package. But he still needs to lock down votes from key colleagues for what’s now a dramatically scaled-back bill.

Administration Outlines Options to Control Climate Risk in Mortgages, Banking

Administration Outlines Options to Control Climate Risk in Mortgages, Banking

by The Associated Press | Oct 15, 2021 | Banking & Lending, CR Daily, Industry News

The report lays out steps that could potentially alter the mortgage process, stock market disclosures, retirement plans, federal procurement and government budgeting.

Biden Admin Outlines Plan to Boost Multifamily Financing

Biden Admin Outlines Plan to Boost Multifamily Financing

by The Associated Press | Sep 1, 2021 | Commercial & Industrial, CR Daily, Industry News

White House officials are outlining plans to build and restore more than 2 million homes, a response to the volcanic rise in housing prices over the past year.

Biden to Allow Eviction Moratorium to Expire Saturday

by The Associated Press | Jul 29, 2021 | Banking & Lending, Coronavirus, CR Daily, Industry News, Residential Real Estate

The Biden administration announced Thursday it will allow a nationwide ban on evictions to expire Saturday.

Biden to Launch Task Force on Supply Chain Bottlenecks

Biden to Launch Task Force on Supply Chain Bottlenecks

by The Associated Press | Jun 8, 2021 | Commercial & Industrial, CR Daily, Industry News

The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.

Biden Should Pocket These Tax Ideas

by Lew Sichelman | Apr 29, 2021 | Industry News, Opinion, Residential Real Estate

Over the next few months, the White House is likely to propose two major tax changes that could impact the housing sector. These two ideas, however, should be chucked in the circular file.

Biden Open to Compromise on Infrastructure

Biden Open to Compromise on Infrastructure

by The Associated Press | Apr 8, 2021 | Commercial & Industrial, CR Daily, Industry News

President Joe Biden drew a red line on his $2.3 trillion infrastructure plan Wednesday, saying he is open to compromise on how to pay for the package but inaction is unacceptable.

Biden’s Big Infrastructure Plan Hits McConnell, GOP Blockade

Biden’s Big Infrastructure Plan Hits McConnell, GOP Blockade

by The Associated Press | Apr 5, 2021 | Commercial & Industrial, CR Daily, Industry News

Republicans in Congress are making the politically brazen bet that it’s more advantageous to oppose President Joe Biden’s ambitious rebuild America agenda than to lend support for the costly $2.3 trillion undertaking for roads, bridges and other infrastructure investments.

Beyond Bridges: Biden Redefines Infrastructure to Add People

Beyond Bridges: Biden Redefines Infrastructure to Add People

by The Associated Press | Mar 31, 2021 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

President Joe Biden hopes to would unleash $2 trillion in new spending on four main hard infrastructure categories – transportation; public water, health and broadband systems; community care for seniors; and innovation research and development.

Biden Team Readies Wider Infrastructure Package After Virus Relief

Biden Team Readies Wider Infrastructure Package After Virus Relief

by The Associated Press | Mar 1, 2021 | Commercial & Industrial, CR Daily, Industry News

Looking beyond the $1.9 trillion COVID relief bill, President Joe Biden and lawmakers are laying the groundwork for another top legislative priority – a long-sought boost to the nation’s roads, bridges and other infrastructure that could run into Republican resistance to a hefty price tag.

Fighting Climate Change in America Means Changes to America

Fighting Climate Change in America Means Changes to America

by The Associated Press | Feb 2, 2021 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

President Joe Biden has initiated a flurry of executive actions to make sure the country can get to net zero carbon emissions by 2050, but many steps still remain.

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