White House, Donald Trump
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The White House was blindsided by the idea and is now dealing with a furious backlash from conservative allies, business leaders and lawmakers.
Over the weekend, top federal housing official Bill Pulte floated the idea of a 50-year mortgage with President Trump.
The U.S. economy should return to growth of 3% to 4% by the first quarter of 2026, White House economic adviser Kevin Hassett said on Tuesday. Hassett cited economists' estimates that the government shutdown would knock about 1 percentage point to 1.
The White House says it is considering a 50-year mortgage to address the home affordability crisis. Critics argue it won't solve issues like supply shortages and high interest rates.
Some deals announced by Saudi Crown Prince Mohammed bin Salman in May could be finalized during his trip to D.C. to visit President Trump next week, one source said.
U.S. President Donald Trump is expected to host a private dinner at the White House on Wednesday with several top business executives, including the chief executives of Nasdaq and JPMorgan Chase, an administration official told Reuters.
The White House welcome looks like a new dawn for Syrian-American relations, given that the U.S. has sanctioned Syria as a “ state sponsor of terrorism ” since 1979—and that further sanctions were added by the Reagan, George W. Bush, and Obama Administrations.
Syrian president is set to meet President Donald Trump on Monday, seeking stability, reconstruction aid and the resolution of missing Americans.
That statement comes after ESPN reported that there have been backchannel talks between the White House and the Washington Commanders ownership group to relay Trump’s desire in having the stadium bear his name.
During Trump's first term, Mar-a-Lago was referred to as the Southern White House. Now Trump is turning the White House a northern Mar-a-Lago.