Trump retains assets worth at least $1.4 billion, new disclosure shows

President Donald Trump retains control of assets that as of April 15 were worth at least $1.4 billion and had generated nearly $600 million in gross revenues in the previous 151/2 months, according to a new financial disclosure released Friday. The report, which the president voluntarily filed with the Office of Government Ethics, underscores the unprecedented financial interests Trump has brought with him to the Oval Office, an arrangement that has generated sharp criticism and spurred legal challenges.

Can’t Pay Your Student Loans? The Government May Come After Your House

On Adriene McNally's 49th birthday in January, she heard a knock on the door of her modest row-home in Northeast Philadelphia. The papers were from a government lawsuit that represents something more than just an unwelcome birthday gift - it's an example of a program the federal government has brought to 19 cities around the country including Brooklyn, Detroit, Miami and Philadelphia: suing to recover unpaid student loans, like the ones McNally owes.

Business news in brief

Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate home loans rose to 4.05 percent from 4.02 percent last week. The benchmark rate stood at 3.57 percent a year ago and averaged 3.65 percent in 2016, the lowest level in records dating to 1971.

Colorado’s legislation session is ending. Here’s what you …

The 2017 legislative session, marked by fits and starts, gridlock and bipartisanship, comes to an end this week with consequential measures still outstanding. The divided General Assembly, with the Democratic-led House and Republican-controlled Senate, set an ambitious agenda in January: find billions of dollars for new highways, eliminate spending cuts for hospitals, balance a tenuous state budget and jump-start the slow economic recovery in rural Colorado.

Anxiety over GOP health plan for those with severe illnesses

As Republicans move closer to dismantling Democrat Barack Obama's health care law, Americans with serious illnesses are feeling uneasy. The GOP health care bill pushed through the House on Thursday leaves those with pre-existing conditions fearful of higher premiums and losing coverage altogether if the Affordable Care Act is replaced.

House GOP blocks Dem efforts to protect consumer watchdog

House Republicans on Wednesday blocked Democratic efforts to preserve the independence of a consumer watchdog created after the 2008 economic meltdown as the GOP pressed ahead with an overhaul of the nation's financial regulatory law. On the second day of a contentious, marathon session, the GOP-led Financial Services Committee rebuffed the Democratic attempts to protect the Consumer Financial Protection Bureau, the five-year-old agency which enforces consumer protection laws and scrutinizes the practices of virtually any business selling financial products and services.

The debt we owe: Issues on proposed changes to vetsa benefits must be addressed

Since its implementation during World War II, the Servicemen's Readjustment Act of 1944 has helped many military troops stabilize their home lives after time spent in war zones and become more productive members of society. The law, more commonly referred to as the G.I. Bill, provides a variety of benefits to service personnel.

Mnuchin: Trump has ‘no intention’ of releasing tax returns

Treasury Secretary Steven Mnuchin right joined by National Economic Director Gary Cohn speaks in the briefing room of the White House in Washington Wednesday The Trump administration unveiled a plan Wednesday for deep cuts in business taxes as part of a major overhaul of the United States tax code in a bid to reinvigorate the world's largest economy. A copy of Trump's tax return from 2005 suggests that a tax cut similar to the one Trump is proposing could have lowered his tax obligation by potentially tens of millions of dollars in a single year.

Trump’s tax plan faces hurdles on Capitol Hill, even from Republicans

Republicans on Wednesday applauded President Trump for producing a tax blueprint that could turbocharge the economy even as they conceded flaws that might stall the plan in Congress. Proponents of conservative reform were gushing over Trump's proposals to cut the corporate tax rate to 15 percent - a 20 percent reduction - and simplify the code for individuals and married couples.

UPDATE 1-U.S. 30-year mortgage rates fall from 11-week high – Freddie Mac

NEW YORK, March 23 U.S. 30-year mortgage rates fell from 11-week highs as Treasury yields decreased in the wake of indications by the Federal Reserve last week that it will remain on a gradual path to raising interest rates, according to mortgage finance agency Freddie Mac on Thursday. The borrowing cost on 30-year mortgages, the most widely held type of U.S. home loan, averaged 4.23 percent in the week ended March 23. This compared with the prior week's 4.30 percent which was the highest since 4.32 percent in the week ended Dec. 29, it said.