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- LARRY KUDLOW: Lindsey Graham would be smacking Iran even harder right now
Senator Lindsey Graham was a great American patriot. He was a freedom fighter. He was a throwback to an older Republican party that shunned isolationism and understood that America must never retreat from its friends, its allies, or the cause of freedom.He was a great friend of Israel at a time when far too many in American politics are turning away from Israel. And even retreating to a hateful bigoted antisemitism, that is plaguing the socialist leaning Democratic party today, and even I say with regret, infiltrating some extreme elements in the GOP.On this and most things regarding foreign policy, Graham knew the difference between right and wrong, good and evil. He passed away Saturday. But he would not have been happy with the events that transpired Sunday in the Middle East.Here’s how President Trump, a dear friend of Lindsey Graham’s, reported to Fox & Friends this morning: "So something that nobody knows. Yesterday they had an 11-hour meeting. Everything’s 11 hours with these guys. You know, you can’t settle one sentence in one hour and one minute. It should be one minute. And everything was agreed to yesterday." Mr. Trump added: "And they leave the room and they call back and they say we had to make a couple of changes. They got to make changes. We’re not going to make changes. Always changes. They just, you know, they’re professional negotiators. That’s all they are. I don’t even call them good at it. They haven’t gotten anything from me."If I understand the chronology here, yesterday meaning Sunday, according to Mr. Trump, there was an 11-hour meeting with Iran of course, and everything was agreed to. Presumably that means opening up the Hormuz Strait, and denuclearizing Iran, and moving the enriched Uranium out of that country. Then, the Iranians walk out of the room shortly after, call back and say we have to make some changes.The next thing you know — we’re still on yesterday, Sunday — the Iranians hit an oil tanker in the Strait, and then proceeded to bomb Oman, Bahrain, Jordan, Kuwait, Qatar, and the United Arab Emirates. Six of our Gulf allies.Presumably these decisions were made within an hour or two, after this 11-hour meeting agreement that turned out to be a complete lie. Which of course that’s what the Iranians do, they lie. It’s the nature of their immoral, gruesome, barbaric, Nazi-like regime.Now, in response to… [TheTopNews] Read More.41 mins ago - Feds warn banks on lending to unauthorized workersThe Trump administration on Monday released guidance from several financial regulators reminding banks and credit unions about the credit risks posed by lending to borrowers who aren't authorized to work in the U.S.The guidance said that borrowers who aren't legally eligible to work in the U.S. pose an elevated credit risk because there's greater uncertainty about their ability to generate income, maintain employment and remain financially stable.It was issued by the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation and the National Credit Union Administration, with the agencies urging financial institutions to identify, measure, monitor and control these risks through safe underwriting practices that take it into account."President Trump has made restoring integrity to America's financial system a priority, and Secretary Bessent has provided strong leadership in ensuring that federal financial policy reflects that objective," Comptroller of the Currency Jonathan Gould told FOX Business in an exclusive statement. "Americans expect their banking system to support lawful business, not facilitate money laundering, or risks associated with criminal illegal immigration."TRUMP ADMIN TO TELL BANKS IMMIGRATION STATUS MAY BE CONSIDERED IN MORTGAGE, CREDIT DECISIONSThe comptroller added that the guidance is based on existing requirements that financial institutions must abide by in their dealings with customers and that a prospective borrower's work authorization should be part of those considerations."Banks already have a responsibility to know their customers and appropriately manage risk. Our interagency guidance reinforces that obligation by making clear that institutions should account for the safety and soundness, compliance, and credit risks associated with serving individuals who are not authorized to work in the United States," Gould explained.TRUMP EYES BANK CITIZENSHIP CHECKS AMID IMMIGRATION CRACKDOWN: REPORTSThe agencies' announcement notes that the Consumer Financial Protection Bureau (CFPB) issued a guidance in June that informed financial institutions that they may consider a consumer's ability to legally work and earn income in the U.S. when making lending decisions around things like mortgage and credit card applications.CFPB's guidance explained that the lack of legal authorization to work in the U.S. could lead to changes in a borrower's income, citing an example in which a credit applicant may be subject to deportation.It added that information can be derived from a direct inquiry or the consumer's use of "atypical identification methods, such as an Individual Taxpayer Identification Number (ITIN), typically issued to taxpayers… who lack proof of legal residency."BIDEN-ERA ILLEGAL IMMIGRATION DROVE UP HOUSING COSTS,… [TheTopNews] Read More.1 hour ago
- Why homebuyers are racing to this Pennsylvania port cityHomebuyers searching for a bargain have made a Pennsylvania port city one of the hottest housing markets in the country.Erie, Pennsylvania, is situated on Lake Erie and is the home of Pennsylvania's only Great Lakes port and the community's affordability and quality of life have helped vault it up the rankings of Realtor.com's hottest housing markets.The June edition of the hottest housing markets report ranked Erie second in the country, trailing only Hartford, Connecticut, which topped the list for the second consecutive month. The report gauges demand based on unique views per property on the Realtor.com platform, along with the pace of the market based on the number of days a listing remains active online.In June, Erie attracted 3.3 times the national average number of viewers per property, while the average listing was sold in just 29 days – the same as Hartford and six days faster than a year ago. By contrast, the median U.S. home was on the market for 53 days before being sold in June.THE OVERLOOKED OBSTACLE KEEPING AMERICA FROM BUILDING THE HOMES IT NEEDS"The hotness in Erie is largely fueled by significant inventory scarcity," said Realtor.com senior economist Hannah Jones."While other markets have seen some progress in inventory availability, Erie continues to see falling levels of for-sale listings. As a result, the market continues to heat up relative to the rest of the country," she said.HOUSING AFFORDABILITY TO IMPROVE AS HOME PRICE GROWTH COOLS, REALTOR.COM FORECASTSErie, which has a population of about 91,000, has a median listing price of $239,000 – a level that's about $200,000 lower than the national median and is roughly half of Hartford's.That made Erie the second most affordable city in the country among the 20 hottest housing markets, behind only Binghamton, New York, which had a median home price of $227,000 last month."For buyers looking to be in the Great Lakes region, Erie may be top of the list with appealing quality-of-life amenities and widespread affordability."WHY AMERICANS ARE FLOCKING TO THIS FLORIDA RETIREMENT HOT SPOTRealtor's report noted that the Northeast and Midwest continue to dominate the top 20 hottest housing market rankings, with 16 of the high-demand communities being located in the Northeast.Nationally, median list prices declined 2.5% year over year in June, and pending home sales moved higher for the seventh straight month.GET FOX BUSINESS ON THE GO BY CLICKING HERE"That combination of falling prices and rising contract signings… [TheTopNews] Read More.2 hours ago
- How Wealthy People Are Getting to World Cup Games
The skies above the Hamptons are packed with choppers headed to games, as “inequality is taking it right in the face.” [TheTopNews] Read More.2 hours ago - Chipotle is opening its first restaurant in Mexico
Fast casual chain Chipotle announced Monday that it is opening its first location in Mexico in the Monterrey area. [TheTopNews] Read More.3 hours ago - Trump reinstates Iran port blockade and vows 20% charge on cargo passing through...
The US president also says Washington will impose a 20% charge on all cargo shipped through the Strait of Hormuz. [TheTopNews] Read More.3 hours ago
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