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Ford is suspending production of the F-150 truck, its best-selling and most profitable vehicle, after a fire at a supplier's plant in Michigan last week.Ford announced that it will suspend production of the F-150 at its plant in Dearborn, Michigan on Wednesday night. It had already suspended truck production at a plant in Kansas City, Missouri. Those are the only plants that make the truck.A company spokesperson said he doesn't know when production will begin again. Ford doesn't expect any disruption for customers or dealerships because it has an 84-day supply of the truck in dealers' inventories. 612

Former President George H.W. Bush has a blunt assessment of Donald Trump: "He's a blowhard." And his son, former President George W. Bush, has harsh words for his Republican successor as well: "This guy doesn't know what it means to be president."Those stinging comments mark the first time the former presidents are speaking out about Trump in such stark terms, as part of a new book about the father and son by historian Mark Updegrove, titled "The Last Republicans."Both men went on the record to give Updegrove their candid assessment of Trump, as well as rare insight into their thoughts on the 2016 presidential race as the drama unfolded. 653

For most of the pandemic, people have enjoyed record low interest rates, making way for a boom in mortgage refinancing. But experts say the upcoming election could have a major impact on whether those rates stay low."I think for a lot of reasons there will be even more volatility. You have the backdrop of the pandemic, you have quite a rivalry," said Josh Stech, Co-founder and CEO of Sundae, a company that helps people with homes in bad condition get their properties sold. Stech says the pandemic has created even more of a wedge between the two parties and interest rates will be impacted."I would say that we’re cautiously optimistic that we’ll see a strong 2021 regardless of who wins but there’s always that looming uncertainty of who wins and also what policies that follow that, that could impact unemployment, that could impact tax rates, that could just change consumer behavior again," said Stech.Matthew Garcia, a Senior Loan Officer with Supreme Lending, says historically, interest rates waver before an upcoming presidential election. "Last election in 2016, rates were in the lower threes. Literally, two to three days later rates went into the fours. That’s how violent and how rapid interest rates can move. A lot of folks', mistakes people make is they think the government makes interest rates. They don't. Interest rates for mortgages are controlled by bond market activity," said Garcia. Specifically, Garcia says, treasury bonds and mortgage-backed securities."Now, at some point, depending on what the next president decides to do, if that affects monetary policy by the Fed(eral Reserve) and the Fed has already come out and said we don't plan on changing anything but the president has the ability to influence that. If they make a decision that could ultimately affect what the Fed’s decision on monetary policy is, we would see a rapid increase in interest rates according with that," said Garcia.Another potential big influence on interest rates? "If COVID-19 is cured, you’re going to see rates spike overnight. Or any kind of change in economic policy or even, too, the economy itself being affected by COVID has the potential to drive interest rates a lot higher. So, there’s definitely on the horizon two major components, the election and COVID cure that are going to affect interest rates going forward," said Garcia.Garcia says it's best to take advantage of interest rates while they're low. Experts recommend speaking to a loan officer or financial advisor before taking out a loan. 2531

First lady Melania Trump will attend the funeral for Barbara Bush in Texas on Saturday."Mrs. Trump plans to pay her respects at the funeral on Saturday," her communications director Stephanie Grisham told CNN.Bush, the matriarch of a Republican political dynasty and a first lady who elevated the cause of literacy, died Tuesday. She was 92.The-CNN-Wire 361

Former Trump campaign aide Sam Nunberg said Monday that he is refusing to comply with a grand jury subpoena in the Russia investigation led by special counsel Robert Mueller."Let him arrest me," Nunberg said in an interview with The Washington Post. "Mr. Mueller should understand I am not going in on Friday."The Post said Nunberg provided the paper with an apparent copy of a subpoena seeking documents related to President Donald Trump and nine others, and that Nunberg said he was asked to appear before the grand jury in Washington on Friday.The Trump campaign fired Nunberg in August 2015 after a series of racist Facebook posts came to light, and Nunberg indicated in interviews Monday there was still bad blood between the President and him but that he did not want to spend time cooperating with the investigation and Trump is right to call the probe a "witch hunt.""They want me to come in to a grand jury for them to insinuate that Roger Stone was colluding with Julian Assange," Nunberg said on MSNBC, referencing Stone, a controversial Trump ally, and Assange, the founder of WikiLeaks.He continued, "Roger was my mentor. Roger is like family to me. I'm not going to do it." 1210