President Biden reversed course Monday and invited House Speaker Kevin McCarthy and other congressional leaders to the White House next week for talks, as the Treasury Department warned the U.S. could default on some of its bills as early as June 1. The Washington Times stories: White House
Read More...The Office of Personnel Management’s advantageous stake in the talent acquisition space is raising alarm bells in Congress. As both regulator and provider of federal talent acquisition systems, OPM has an unfair advantage against other vendors, said Rep. James Comer (R-Ky.), chairman of the Oversight and Accountability Committee. “OPM sells hiring-related services to those agencies which it oversees via USA Staffing, even though there are many private firms that assist both the private and public sector with hiring and related human capital acquisition activities,” Comer said in a March 22…
Read More...Kyrsten Sinema knows what everybody says about her. She pretends not to read the press coverage—“I don’t really care”—but she knows. She knows what her colleagues call her behind her back (“egomaniac,” “traitor”). She knows how many articles The New York Times has published about her wardrobe (five). She feels misunderstood, and she would like to explain herself. We’re sitting across from each other in her “hideaway,” a small, windowless room in the basement of the U.S. Capitol Building. Every senator gets one of these subterranean, chamber-adjacent bunkers, and most…
Read More...The Federal Housing Finance Authority just announced it will hike the loan-level pricing adjustment fee on homebuyers with high credit scores and redistribute those funds to borrowers with low credit scores. That’s not an insignificant change. Under the new loan-level pricing adjustment matrix, a borrower with a 740 FICO score and a down payment of just under 20% will pay a 1% loan-level pricing adjustment fee. That’s quadruple the prior risk assessment of 0.25%. At the same time, the loan-level pricing adjustment fee for many borrowers with bad credit will…
Read More...WASHINGTON – As reported in Politico’s Playbook today, in response to the president announcing his plans to seek reelection, MoveOn members decisively and enthusiastically voted to endorse President Joe Biden for his 2024 campaign. In the organization’s 25-year history, it is the earliest MoveOn members have ever endorsed in a presidential contest. Said MoveOn Political Action Executive Director Rahna Epting, “President Biden and Vice President Harris have done what millions of MoveOn members sent them to Washington to do: protect our rights and freedoms and blunt right-wing extremism. This moment…
Read More...President Biden on Thursday blanked when pressed to name his most recent overseas trip, despite having traveled to Ireland less than two weeks ago. The Washington Times stories: White House
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