Military 1 mins ago 10:58 p.m.Bill would rein in mortgage companies targeting veterans

Backers of a bill aimed at cracking down on mortgage lending companies targeting veterans say the measure is gaining support. The bill's sponsors - U.S. Sens. Elizabeth Warren and Thom Tillis - said Thursday the goal is to protect veterans, particularly those who purchase homes through a U.S. Department of Veterans Affairs home loan program.

Iconic White House tree to be cut down

The south facade of the White House will undergo a dramatic change this week: the historic Jackson Magnolia, a tree that has been in place since the 1800s, is scheduled to be cut down and removed. WASHINGTON - The south facade of the White House will undergo a dramatic change this week: the historic Jackson Magnolia, a tree that has been in place since the 1800s, is scheduled to be cut down and removed.

Brainerd area politicos sound off on tax bill

The tax reform bill recently passed by Washington lawmakers will be either a boon or a curse when it's signed into law, depending on which side of the aisle is doing the talking. The median combined household income for the 8th District is $53,000 annually, but analysts agreed the bill would cause taxes to go up for most people with incomes under $70,000, he said.

RBS to pay $125 million to settle California mortgage bond claims

The settlement announced on Friday by California Attorney General Xavier Becerra was the latest by RBS aimed at resolving claims stemming from its sale of mortgage-backed securities, which were at the heart of the 2008 financial crisis. Becerra's office said those securities were typically backed by thousands of mortgage loans of varying quality in which the buyer relied on the assurance that those mortgages were carefully screened and were not overly risky.

Trump signs tax bill before leaving to spend Christmas at Mar-a-Lago

President Trump on Friday signed the Republican tax bill that passed through Congress earlier in the week, just before leaving to spend the Christmas holiday at his Mar-a-Lago resort in Florida. The signing cements the first major legislative accomplishment of his administration, after a tumultuous year that was dominated by coverage of the probe into Russian interference in the 2016 election.

Highlights of GOP compromise bill to overhaul tax code

Republicans in Congress have blended separate tax bills passed by the House and Senate into compromise legislation that seeks to achieve a sweeping overhaul of the nation's tax code. GOP leaders are looking toward passage of the final package by the House and Senate next week, with the aim of sending the measure to President Donald Trump to sign before Christmas.

Sources: House, Senate leaders reach deal on tax package

This Sept. 27, 2017 file photo shows Senate Majority Leader Mitch McConnell, R-Ky., center, joining Speaker of the House Paul Ryan, R-Wis., and other GOP lawmakers to talk about the Republicans' proposed rewrite of the tax code for individuals and corporations, at the Capitol in Washington.