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There has been talk around the country lately of a recession and what to do to prevent it from happening.President Donald Trump has pushed the idea of significantly lowering interest rates.So, what would that mean for the average American? "What it does is it shifts the economic balance of power towards borrowers and away from lenders,” said Miles Kimball, Professor of Economics at the University of Colorado Boulder. “And guess what, people who borrow money are people who are more eager to spend than lenders." This could make getting a loan easier and more affordable.Kimball says if interest rates drop, it encourages people to spend money they've been saving rather than leave it in the bank."All of a sudden you think about a zero percent loan, obviously the economic benefit is huge there," said a new home buyer, Todd.Zillow says the average price of a home is 1,000. With a 3.8% interest rate, a payment would be ,144, but even if the rate dropped to just 1%, it would be 8. Although that sounds amazing, banks would have to charge fees because they would be handing out more money than depositors are putting in. 1146

Thieves steal surgical masks. A clinic sells fake COVID-19 tests. Hate groups encourage sick members to infect law enforcement officers. Imposters pose as public health officials. Con artists peddle fake cures and financial scams.As the 249

The White House has flatly rejected the House Judiciary Committee's request for documents in its sweeping investigation into possible obstruction of justice and abuses of power, accusing the Democratically-controlled committee of seeking to recreate the special counsel investigation to harass the President.White House Counsel Pat Cipollone sent a letter Wednesday to House Judiciary Chairman Jerry Nadler arguing that the committee's request for documents was illegitimate."It appears that the Committee's inquiry is designed, not to further a legitimate legislative purpose, but rather to conduct a pseudo law enforcement investigation on matters that were already the subject of the Special Counsel's long-running investigation and are outside the constitutional authority of the legislative branch," Cipollone wrote."Congressional investigations are intended to obtain information to aid in evaluating potential legislation, not to harass political opponents or to pursue an unauthorized 'do-over' of exhaustive law enforcement investigations conducted by the Department of Justice," he added.The letter adds yet another layer to the escalating feud between the White House and House Democrats over their numerous investigations into the Trump administration and President Donald Trump's businesses and finances.Trump has already declared that his administration will fight all of the House subpoenas — several of which are now being fought in court. The Judiciary Committee voted last week to hold Attorney General William Barr in contempt for not providing the full Mueller report and evidence and the Ways and Means Committee has issued a subpoena for Trump's personal and business tax returns.Nadler and other House Democratic leaders are now raising the prospect they will hold numerous administration officials in contempt at the same time as part of a package to highlight the Trump administration's stonewalling of Congress. Some Democrats are also talking about invoking Congress' so-called inherent contempt powers to fine or jail those who defy congressional subpoenas.Cipollone's letter, which was first 2133

The Texas man who went viral for taking a tub of Blue Bell ice cream out of a grocery store freezer and licking it pleaded guilty to criminal mischief on Thursday. 175

Treasury Sec. Steve Mnuchin said Friday that the IRS is moving the tax filing deadline from April 15 to July 15.Mnuchin made the announcement on Twitter, saying the move came at the direction of President Donald Trump."All taxpayers and businesses will have this additional time to file and make payments without interest or penalties," Mnuchin said. 362

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