Political Capital

Posts tagged: Housing

Senator John McCain, a Republican from Arizona, during an interview in Washington D.C.

Photograph by Julia Schmalz/Bloomberg

Senator John McCain, a Republican from Arizona, during an interview in Washington D.C.

McCain’s Yellen No-Vote: Math Underwater

Sen. John McCain says he will oppose Janet Yellen for Federal Reserve chair. The Republican senator from Arizona gave this reason today for opposing the current vice chair of the Fed to succeed outgoing Chairman Ben Bernanke: “Because of what’s...

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Representative Mel Watt, a Democrat from North Carolina and U.S. President Barack Obama's nominee as director of the Federal Housing Finance Agency (FHFA), during a Senate Banking Committee nominations hearing in Washington, D.C., on June 27, 2013.

Photograph by Andrew Harrer/Bloomberg

Representative Mel Watt, a Democrat from North Carolina and U.S. President Barack Obama's nominee as director of the Federal Housing Finance Agency (FHFA), during a Senate Banking Committee nominations hearing in Washington, D.C., on June 27, 2013.

Watt’s Housing Fate Rests with Obama: Republican Burr Says

The fate of any renewed effort to confirm North Carolina Democratic House member Mel Watt to lead the federal agency that oversees Fannie May and Freddie Mac rests with the White House, Watt’s home-state Republican senator says. “That’s up to...

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A real estate agent, left, talks to potential homebuyers in Washington, D.C., on June 9, 2013.

Photograph by Andrew Harrer/Bloomberg

A real estate agent, left, talks to potential homebuyers in Washington, D.C., on June 9, 2013.

Bloomberg by the Numbers: 5.39 Million

That’s the number of previously owned homes bought in the U.S. in July, the second-highest level in more than six years as buyers rushed to lock in mortgage rates before they increased any more. Purchases advanced 6.5 percent over the...

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A potential homebuyer during an open house in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

A potential homebuyer during an open house in Washington, D.C.

Young See Home Buying More Favorably

Younger Americans are becoming more optimistic about the housing market, which may help give sales and the economy a lift. Eighty percent of 25- to 34-year-olds said they perceive the housing market as “favorable” or “somewhat favorable,” up 9 percentage...

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President Barack Obama tours the home framing assembly area at Erickson Construction in Chandler, Arizona, on Aug. 6, 2013.

Photograph by Jacquelyn Martin/AP Photo

President Barack Obama tours the home framing assembly area at Erickson Construction in Chandler, Arizona, on Aug. 6, 2013.

Immigration: Obama, Zuckerberg, Chamber Versus Heritage, King

The immigration overhaul under debate on Capitol Hill is so significant that it will make your homes more valuable, President Barack Obama said today. Obama: Immigration reform would boost value of homes http://t.co/mMhD68SddR by @JTSTheHill — The Hill (@thehill) August...

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In this Jan. 25, 2012 file photo, Arizona Gov. Jan Brewer points during an intense conversation with President Barack Obama after he arrived at Phoenix-Mesa Gateway Airport in Mesa, Ariz.

Photograph by Haraz N. Ghanbari/AP Photo

In this Jan. 25, 2012 file photo, Arizona Gov. Jan Brewer points during an intense conversation with President Barack Obama after he arrived at Phoenix-Mesa Gateway Airport in Mesa, Ariz.

Brewer’s Obama Finger-Wagging as Fundraiser

The last time President Barack Obama and Gov. Jan Brewer met on a Phoenix-area tarmac, the confrontational moment was enshrined in a photo that showed the 68-year-old blond Republican wagging her finger in the face of the leader of the...

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Homes under construction stand at the Gale Ranch housing development in San Ramon, California, on June 15, 2013

Photograph by David Paul Morris/Bloomberg

Homes under construction stand at the Gale Ranch housing development in San Ramon, California, on June 15, 2013

Bloomberg by the Numbers: 9.9%

That’s how much housing starts fell in June from the previous month. Construction on new residences fell to an annualized rate of 836,000 in June, compared with a revised 928,000 in May, according to the Commerce Department. The figures contrasted...

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New Ford cars in Colma, California.

Photograph by Justin Sullivan/Getty Images

New Ford cars in Colma, California.

Jobs Report Shows Auto Rebound

As trucks such as Ford’s F-150 and cars including Chevy’s Cruze are being driven off dealer lots at the fastest pace in more than five years, employment in the industry is along for the ride. More than 806,000 Americans were...

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