President Joe Biden announced on Sunday that he would withdraw from the re-election race. It comes after a disastrous debate performance three weeks ago prompted calls from the top of his own party to step down.
In a letter released Sunday, Biden put an end to rumors and speculation that have persisted since the June 27 debate.
“Serving as your President has been the greatest honor of my life. While I intend to seek re-election, I believe it is in the best interests of my party and the country that I resign and focus on my duties as President for the remainder of my term. Benefit.
this national housing conference Shortly after Biden withdrew from the race, the National Health Commission (NHC) issued a statement.
“President Biden has been the most outspoken and passionate president on affordable rental housing and homeownership in 60 years,” said NHC President and CEO David Dworkin. “From his inaugural address to his last State of the Union address, he has advocated for Housing policies that restore the American dream and help those most in need.
“On some of these issues, the NHRC has been a strong advocate, and on others we have expressed constructive concerns. We look forward to working with all candidates to address the nation’s housing crisis and look forward to winning in November.” who cooperate.
The Republican Party has just concluded its national convention, formally nominating former President Donald Trump and Vice President Vance to lead the party, less than a week after Trump survived an assassination attempt. With Democrats holding their national convention in less than a month, the question now is whether convention delegates pledging to support Biden will transfer seamlessly to Harris, or whether there will be a “mini primary” for other candidates. select”.
The election is 106 days away, and both parties are working hard to drum up votes in a frantic election cycle.
At HousingWire, we focus on how the election affects the housing market and the people who work in it. To do this, we are looking at ways that parties can:
- potential leader United States Federal Reservethis federal housing finance agency (Federal Housing Finance Agency) Consumer Financial Protection Bureau (CFPB) and Ministry of Justice.
- Regulation and enforcement of housing issues. This includes appraisal bias, fair lending issues, the role of the real estate agent, and more.
- Ongoing supervision of government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac.
- Economic policies that affect housing, including tariffs, taxes, and incentives to build more housing.
For those involved in mortgages, real estate, title, appraisals, home construction, investing and housing policy, this election has a lot at stake. Our goal is to provide a comprehensive picture of news and information on housing-specific topics that you won’t find elsewhere.
This week we will be publishing several features on past and current housing leaders who have been influential across parties. We will also continue to report closely National Association of Realtors(NAR) Commission lawsuit settlements, federal incentives to spur homeownership and more.
Need a primer on some of the election-related issues above? Here are some of our recent reports:
Editor’s note: THis story has been updated with comments from the National Housing Conference.
