Senate confirms Ohio Rep. Fudge as housing secretary
“WASHINGTON (AP) (3.10.2021) — The Senate has confirmed Marcia Fudge to head the Department of Housing and Urban Development, placing the longtime Ohio lawmaker in charge of the agency just as Congress is poised to pass new benefits for renters and homeowners who have suffered economic losses amid the coronavirus pandemic.
Fudge, who has represented parts of Cleveland and Akron in the House since 2008, is a former mayor and a longtime advocate for assistance for the needy. She said at her confirmation hearing in January that her first priority would be protecting the millions of people who have fallen behind on rent or mortgages due to loss of income during the pandemic, telling senators that “we cannot afford to allow people in the midst of a pandemic to be put in the streets.”
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“Her confirmation, 66-34, comes as the Senate is approving a slate of President Joe Biden’s nominees.”
Merrick Garland was also confirmed today as Biden’s attorney general.
“Fudge won bipartisan support for her nomination, including from Senate Republican Leader Mitch McConnell, who said he would support her and Garland,” said the AP.
“These aren’t the nominees that any Republican would have picked for these jobs,” McConnell said ahead of the vote. “But the nation needs presidents to be able to stand up a team so long as their nominees are qualified and mainstream.”
NOTICE: It has come to MHProNews’ attention that a software glitch in recent days negatively impacted the reporting on Berkshire Hathaway (BRK-A) stock in our evening market report. That glitch has been corrected, starting today. MHProNews regrets the error. Our thanks to those who point out such glitches.
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- Our featured focus follows the quotable quotes, periodic political cartoons, those left-right headlines, and two of our three market summary graphics as reported at the closing bell.
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On a day that saw manufactured home connected equities broadly rise, let’s press ahead toward the MHARR media release on HUD Secretary Marcia Fudge and on the implementation of new HUD standards.
Quotes That Shed Light – Industry, American, Social, National Issues
Headlines from left-of-center CNN Business
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- Elon Musk made $25 billion Tuesday
- Opinion: Our pandemic nightmare is almost over. We should all thank the US government
- Why small grocery stores are (still) out of toilet paper
- The pandemic forced a massive remote-work experiment. Now comes the hard part
- Here’s what we know so far about the massive Microsoft Exchange hack
- Companies on alert after apparent hack of cloud-based security camera service
- Iowa reporter acquitted on all charges after arrest during Black Lives Matter protest
- Meghan formally complained to ITV about Piers Morgan’s comments
- The General Electric logo and buildings are pictured, in Belfort, eastern France, on September 24, 2020.
- GE dismantles the business that ended its dominance a decade ago
- Black women’s wealth is 90% lower than White men. Goldman Sachs is investing billions to change that
- This illustration photo shows a container of Clorox disinfecting wipes in a kitchen in Culver City, California, on April 24, 2020, amid the novel coronavirus pandemic. – Top White House coronavirus advisor Deborah Birx shrank in horror and around the nation comedians sharpened their pens: President Donald Trump had just asked if virus victims couldn't be injected with disinfectant. Even as a new poll shows most Americans wish the former real estate magnate would leave science to the experts, Trump on April 23 evening hit a new high in the annals of amateur presidential doctoring.
- As the pandemic winds down, Clorox is making some changes
Headlines from right-of-center Newsmax
- Biden Restarts Program for Migrant Minors Amid Troubling Border Surge
- The Biden Presidency
- House Passes $1.9T Bill in Biden’s First Signature Win
- Texas AG Paxton to Newsmax TV: Biden Admin Dodging Q’s on Border Figures Because They Created a Problem
- Senate Confirms Merrick Garland as US Attorney General
- US-China to Meet at Senior Level in Alaska Next Week
- Senate Confirms Fudge as HUD Secretary
- Tom Homan: Biden Administration ‘Created’ Crisis at the Border
- Biden to Order 100 Million More J&J Doses, Boosting Stockpile
- Newsfront
- Trump Position Against Transgender Athletes Draws Broad Support
- Former President Donald Trump’s position against allowing transgender athletes to compete in women’s sports has drawn wide-scale support in the latest poll…
- Poll: Newsmax Is 2nd Most Watched by GOP, Now Beating CNN, ABC, NBC
- Alaska Opens Vaccine Resident Age 16 and Up as More States Reopen
- Alaska, one of the most successful U.S. states in inoculating its
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- Fauci: Make ‘Judgment Call’ On Travel When Risk Evidence Lacks
- Fauci: High School Students Will Be Vaccinated, Back in School in Fall
- McConnell Criticizes Capitol Security as Overreaction
- Senate Minority Leader Mitch McConnell said on Wednesday that he is
- These Are the GOP’s Rising Stars
- Lawmakers Worried That Massive Hacks Exploited U.S. Internet Security Gap
- Dow Hits Record as February Data Eases Inflation Fears for Some
- US Eyes Free Transgender Surgery for Military
- The Department of Defense has confirmed in recent memos that sex
- Senate Confirms Merrick Garland as US Attorney General
- The U.S. Senate on Wednesday voted overwhelmingly
- Wall Streeters Who Fled to Florida Eye Return to NYC
- As Country Collapses, Venezuelan Children Pick Through Garbage for Food, Valuables
- For some children in Venezuela, garbage is the main source of their
- Disney Hit for Decision to Cut ‘Dumbo,’ ‘Peter Pan’ From Kids’ Profiles
- Rasmussen Poll: 59 Percent of Voters Say Federal Govt a Special Interest Group
- Rubio: Teachers Unions Using ‘Pseudoscientific’ Cover to Close Schools
- Blinken, Sullivan Set First Meeting With China Counterparts in Alaska
- Secretary of State Antony Blinken will meet with top Chinese
- Attorneys Sift Strong Opinions, Anxiety among Chauvin Jurors
- State prosecutors on Tuesday dismissed a juror who voiced concern
- Jared Kushner Plans Book on Trump WH, Abraham Accords
- Michelle Obama Thinking of Retirement
- Former first lady Michelle Obama says in a new People magazine
- US Narrows in on Organized Extremists in Jan. 6 Probe
- As members of the Oath Keepers paramilitary group shouldered their
- VP Harris Holds Solo Call With Norway’s Prime Minister
- Vice President Kamala Harris held another solo call with a foreign
- China Accuses US Admiral of ‘Hyping Up’ Taiwan Invasion Threat
- Los Angeles Schools to Reopen in April
- Hundreds of thousands of Los Angeles children could return
- Hawaii Floods Bring Evacuation Orders, Emergency Declaration
- Pope Wants Answers on Arms Sales to Terrorists After Iraq Trip
- Richard Hudson to Newsmax TV: Gun Sale Surge Tied to 2020 Riots
- Trump Jr. Slams Meghan Markle: ‘She Just Wants’ Good Attention
- Finance
- Wall Streeters Who Fled to Florida Eye Return to NYC
- The “Upper East Side” cocktail at Sant Ambroeus is just the same as in Manhattan, the carpaccio at Cipriani as meaty red as on Wall Street. Here is the private-equity billionaire Stephen Schwarzman, on his way to La Goulue, the clubby French bistro popular with Park Avenue…
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- Housebound Children Drive Lego Sales Surge During Pandemic
- Disney+ Tops 100 Million Users in Unprecedented Growth Run
- Lawmakers Ready Bill as Big Tech’s War With News Outlets Flares
- Health
- COVID-19 Caused Record Number of Rural Hospital Shutdowns
- Twenty rural hospitals closed their doors last year likely due to the financial hardships caused by the pandemic. According to the Cecil G. Sheps Center for Health Services Research at the University of North Carolina…
- Study: Anabolic Steroid Use Can Do Lasting, Deadly Damage
- High Blood Pressure During Pregnancy Linked to Earlier Death
- Medical Bill Worries Tied to Worse Outcome for Cancer Patients
- FDA Expands Listeria-Linked Soft Cheese Recall
Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Featured Focus –
Where Business, Politics and Investing Can Meet
MHARR provided MHProNews with the following media release today.
MHARR Statement on Marcia Fudge and on HUD Standards Implementation
MARCH 10, 2021
TO: MHARR MANUFACTURERS
HUD CODE INDUSTRY MANUFACTURERS
FROM: MARK WEISS
RE: SUBJECTS AS LISTED BELOW
HUD EXTENDS IMPLEMENTATION DATE FOR “THIRD SET” OF STANDARDS
As expected by MHARR, HUD has published a notice in the March 10, 2021 edition of the Federal Register (see, copy attached), extending the implementation date for the so-called “Third Set” of manufactured housing standards revisions recommended by the statutory Manufactured Housing Consensus Committee (MHCC). The standards, published as a final rule on January 12, 2021, originally had an effective date of March 15, 2021. That deadline will now be extended 120 days, until July 12, 2021.
MHARR had previously noted that implementation of the new standards could be delayed, consistent with a “Regulatory Freeze” order entered by the Biden Administration upon assuming office in January 2021. According to HUD’s announcement of the implementation delay, the extension of the effective date for the new and revised standards is being provided in order to help manufacturers cope with supply chain delays attributable to COVID-19 pandemic disruptions, “modify processes to ensure compliance with the new regulation,” and consult, as necessary, with Design Approval Primary Inspection Agencies.
MHARR will continue to monitor this matter and will advise members of any further developments.
MARCIA FUDGE CONFIRMED AS HUD SECRETARY
On a closely related matter, former Representative Marcia Fudge (D-OH), also as expected, was confirmed as Secretary of the U.S. Department of Housing and Urban Development by the U.S. Senate on March 10, 2021, on a vote of 66-34.
As reported previously, MHARR has already communicated with the incoming Secretary, and looks forward to working with Secretary Fudge to finally achieve the full and proper implementation of the Manufactured Housing Improvement Act of 2000, as well as much-needed reforms to the Federal Housing Administration’s (FHA) manufactured home financing programs and Government National Mortgage Association (GNMA) restrictions that have gutted those programs.
cc: Other Interested HUD Code Manufactured Housing Industry Retailers, Communities and State Associations ##
MHProNews reported earlier today on a related issue. See the report linked above.
MHProNews prior report on then-nominee Fudge is linked below.
Programming NOTICE: barring the unforeseen (which can happen in media), MHProNews has a special report planned for tomorrow watch for it.
Related, Recent, and ‘Read-Hot’ Reports
Manufactured Housing Industry Investments Connected Closing Equities Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
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- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
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Winter 2021…
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
Enjoy these ‘blast from the past’ comments.
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Sample Kudos over the years…
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Disclosure. MHProNews holds no positions in the stocks in this report.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHLivingNews.com.
Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.
