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President Donald Trump will announce his decision on who to nominate to the Supreme Court on Saturday, and CNN and the New York Times reported Friday per their sources that Trump intends to nominate Judge Amy Coney Barrett to the court.Trump's formal announcement comes at 5 p.m. ET on Saturday.Barrett’s likely nomination will come just eight days following the death of liberal Justice Ruth Bader Ginsburg, who laid in state in the US Capitol on Friday.Barrett, 48, was previously confirmed by the US Senate to the federal Seventh Circuit Court of Appeals in 2017. Her vote garnered the support of three Democrats, Joe Donnelly, Tim Kaine, and Joe Manchin.She is a disciple of Justice Antonin Scalia, serving as his clerk in 1998 and 1999. Given her conservative bona fides, she is expected to give the Supreme Court a clear conservative advantage, fueling hopes from the evangelical right to overturn Roe versus Wade, which has set the precedent for abortion cases for nearly five decades. Liberals say Barrett’s legal views are too heavily influenced by her religious beliefs and fear her ascent to the nation’s highest court could lead to a scaling back of hard-fought abortion rights. She also would replace the justice who is best-known for fighting for women’s rights and equality.Sen. Dianne Feinstein told Barrett her views suggested religious tenets could guide her thinking on the law, the California Democrat telling Barrett: “The conclusion one draws is that the dogma lives loudly within you.”Barrett responded that her views had evolved and that she agreed judges shouldn’t “follow their personal convictions in the decision of a case, rather than what the law requires.”While two Republican senators, Susan Collins of Maine and Lisa Murkowski of Alaska, have said that a confirmation should not come so close to an election, enough Republican senators have said they would be supportive of Trump’s nominee to ensure a confirmation.Trump will likely become the first president to fill three Supreme Court vacancies in a single term since President Richard Nixon’s first term from 1969 through 1973.At just 48, Barrett would be the youngest justice and her tenure could last for decades. She’s made her mark in law primarily as an academic at the University of Notre Dame, where she began teaching at age 30. She first donned judges’ robes in 2017 after Trump nominated her to the 7th Circuit.The Associated Press contributed to this report. 2464

Record unemployment rocked the real estate market. Now, interest rates are at record lows, giving many people a new way to save money by refinancing their current mortgage.Matthew Garcia, a senior loan officer with Supreme Lending, says now is a good time to refinance your home. "Absolutely. I mean, you’re looking at interest rates being at the most historic rates they’ve ever been. Rates have been in the 3% ranges before but now you’re seeing 30-year loans getting into the upper twos and middle twos, which is completely insane," said Garcia.Garcia says the industry is going through a refinancing boom that it hasn't seen since a few years after the Great Recession. Refinancing your mortgage, or essentially restructuring your current home loan under a new, lower interest rate, can be done for a couple different reasons."There’s two main types of refinancing you can do. There’s what’s called rate term refinance which means I’m simply refinancing the balance from any closing costs I might have and dropping the interest rates. That’s what called Rate Term, taking no additional cash out. Then there’s also cash out. Cash out refinances tend to be a bit more expensive. When I say more expensive, I mean the rates are slightly higher, more expensive in cost structure," said Garcia.For cash out refinancing, home owners who have likely owned their property for at least four or five years, are refinancing to take the extra cash from the increased equity in the home, and invest it in renovations or elsewhere."Where people can get into more danger is, they're taking out money because they want to go out and invest in other investment properties, go use that money to go out and buy other homes, speculate. That’s where it gets a bit dangerous. A lot of folks start watching their HGTV and think they're the expert and they're going to tap into this equity and go and do these things. There’s a lot more to it," said Garcia.Garcia says the last thing people want is to end up with two failed mortgages. He says the best reasons to refinance is debt consolidation or if it will save money in the long run.Josh Stech, CEO and co-founder of Sundae, a company that helps people with homes in bad condition get their properties sold, also says it's a good time to refinance because of how great the real estate market was doing before the COVID-19 pandemic."Rates are really low but also equity in homes was really high. We hit historic highs heading into the pandemic in terms of the amount of equity that homeowners have in their homes. Basically, the value versus the mortgage that they owe," said Stech. As for how long interest rates will last, Federal Reserve Chairman Jerome Powell has said they could be around for years. Sheck says, there's a chance interest rates could go even lower but there's already so much demand to refinance and banks can only process so many."I think as the fed is targeting a longer term near-zero interest rate environment, I think actually if you maybe wait a little bit you might play the game and win and get a lower interest rate because of the supply and demand I mentioned. I think it's a great time. It's hard to argue with record lows you haven't seen since 1971," said Stech.Experts recommend people who are considering refinancing to talk to a loan officer or financial advisor to make the best decision for their situation. But, if it's something they're interested in doing, to look into it while the rates are as low as they are. 3495

President Donald Trump's administration plans to propose a new rule Friday that would bar abortions at facilities receiving federal family planning funds, according to two people familiar with the plans -- a move aimed squarely at Planned Parenthood, which accepts some federal money for non-abortion services.Long sought by conservatives, the step would take the administration's push to curtail abortions further. There are already laws in place that prevent federal money from directly funding abortions, but groups like Planned Parenthood still accept federal dollars for services like annual screenings and checkups."This proposal does not necessarily defund Planned Parenthood, as long as they're willing to disentangle taxpayer funds from abortion as a method of family planning, which is required by the Title X law," said a Trump administration official. "Any grantees that perform, support, or refer for abortion have a choice -- disentangle themselves from abortion or fund their activities with privately raised funds."Under the new rule, those services would have to be performed in a different place than abortions, and by different employees, if the facility is to continue receiving federal family planning dollars.Planned Parenthood receives some of its funding from those programs, known as Title X. But the bulk of the federal money it receives comes from Medicaid, and would not be affected by the new rule.The-CNN-Wire 1447

Rental car company Hertz wants to help you get to the polls on Election Day.In a press release, the company announced that it offered a free rental day for customers who reserve a car for two days and pick it up either on Nov. 2 or Nov. 3."We want to make it easier for people to exercise their right to vote – especially those who need safe and reliable transportation," said Laura Smith, Hertz Executive Vice President of Global Marketing and Customer Experience, in the news release. "We're happy to provide local and convenient mobility options to the communities we serve on Election Day."The promotion is valid at any Hertz neighborhood locations in the US.The company said customers must use the CDP code 210350 when making the reservation online. 762

Rep. Kevin McCarthy was elected House minority leader Wednesday, according to members of Congress in the closed-door meeting where the elections took place, meaning the California Republican will lead House GOP members after Speaker Paul Ryan leaves Capitol Hill at the end of his term in January.The vote was 159-43.With Ryan headed for the exits, McCarthy, the current No. 2 House Republican, was long viewed as the heavy favorite to become minority leader in the new Congress, the highest-ranking GOP leadership post with Republicans in the minority after losing control of the House of Representatives in the 2018 midterms.McCarthy faced a long-shot challenge from Rep. Jim Jordan, the co-founder of the conservative Freedom Caucus, but the California Republican is expected to prevail in his bid to become minority leader. Ryan announced in April that he would not seek re-election and has endorsed McCarthy, the House majority leader for the past four years, to be his successor.Trump and McCarthy have spoken about leadership races recently, territory that Presidents usually avoid so not as to seem like they're alienating members of their own party. In private conversations, Trump has pushed for Jordan and another close conservative ally -- Rep. Mark Meadows of North Carolina -- to have the top Republican positions on key committees, according to a source familiar. McCarthy doesn't dole out those positions-- that's for the House GOP Steering Committee -- but plenty of people on the Steering Committee are loyal to McCarthy and would heed his word. As of Wednesday afternoon it was not clear where Jordan or Meadows would land.A separate source confirmed to CNN that Jordan is interested in ranking member position on Judiciary Committee in order to check Democratic investigations that will be led by Rep. Jerry Nadler of New York. Politico first reported Wednesday that Trump has privately pushed McCarthy to make a deal with Jordan.McCarthy has also positioned himself as a close ally of Trump and a leader who can help Republicans win back control of Congress. In a letter announcing his bid for minority leader, he wrote, "We need to lay the groundwork to regain the majority so that we can continue working alongside President Trump to fulfill our promise to fundamentally change Washington. I helped build a majority from a deeper hole than this and I have what it takes to do it again."Jordan, meanwhile, has pitched himself as a leader who could help defend the President against what is expected to be aggressive Democratic-led oversight efforts."You stand up for the truth. You stand up and defend the White House and the President," Jordan told CNN in a recent interview after being asked how House Republicans can counter a Democratic majority pursuing oversight of the President and the administration.Rep. Scott Perry of Pennsylvania, a member of the Freedom Caucus, said on Tuesday that he plans to vote for Jordan and argued that House Republicans need a change over the status quo if they want to win back the majority."Unless we want to keep on losing races then we ought to consider doing something different than what we've been doing," Perry said. "I don't want to keep doing the same dumb things that we're doing and lose races."Whoever wins out as minority leader will become the most visible face of opposition to the incoming Democratic majority. The next minority leader will also have to decide whether and when the GOP minority might work to find common ground with Democrats and could also come under increased scrutiny from the President as the administration itself goes under a microscope in the new Democrat-controlled Congress.The leadership election comes as incoming freshmen, fresh off of their election wins last week, are in town for new member orientation. Dan Meuser, a member-elect from Pennsylvania, said he's spoken with both men over the weekend about their plans for the next two years, and he hasn't made a decision."I've gotten close with Kevin McCarthy. I think very highly of him. I think he's a very good conservative, showed up a lot of leadership. He certainly earned the position," Meuser told reporters on Tuesday. "On the same note, I think Jim Jordan is a smart, tough, focused individual. So I respect him as well. We'll see over the next couple of days."Next in line for the GOP leadership hierarchy in the new Congress is Rep. Steve Scalise, the current No. 3 House Republican, who is vying for the position of minority whip in the new Congress. Scalise, as majority whip, gained a higher national profile after he was injured last year in a shooting during a Republican congressional baseball practice. Scalise is not facing a challenge for the position.Rep. Liz Cheney, the daughter of former Vice President Dick Cheney, is running unopposed for the position of Republican conference chair, the third-ranking position in the leadership hierarchy with Republicans in the minority. The position is currently held by Rep. Cathy McMorris Rodgers, but she is not seeking re-election to the post.This story has been updated and will continue to update with additional developments.The-CNN-Wire 5173