Senators strike late-night deal to reopen government, with Democrats securing a December vote on ACA subsidies

So the government stayed closed this long just to schedule one subsidy vote. BREAKING: Senators have agreed on a plan to end the government shutdown, according to Politico. The Senate will advance the House’s stopgap measure and proceed with a funding bill that provides full-year funding for the VA, Agriculture, and military construction. Funding for… …

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Secret Service — ‘We were not in charge of securing properties surrounding the Trump rally.’ ‘This was 100% the responsibility of local police.’

The Secret Service blamed local police for failing to secure the rooftop from which gunman Thomas Matthew Crooks attempted to assassinate former President Donald Trump, insisting it was outside of the perimeter the federal agency was tasked with protecting. Instead, securing and patrolling the factory grounds of AGR International Inc. — located about 130 yards from …

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CRE loans need to be refinanced, but with the current insane LTV, securing funding will be nearly impossible. Banks are going to take the hit.

Let’s dive into the world of commercial real estate (CRE) loans and their current situation. CRE Loan Maturities in 2024: A Ballooning Challenge The portion of the $4.7 trillion in US commercial real estate debt that will come due this year has ballooned from $659 billion to $929 billion. These loans must be paid off through …

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