CNN

Trump says HUD is suspending foreclosures and evictions

Mar 18, 2020, 11:40 AM | Updated: Jan 25, 2023, 11:59 am

delaying presidential election...

US President Donald Trump speaks during a meeting with NATO Secretary General Jens Stoltenberg in the Oval Office of the White House in Washington, DC, May 17, 2018. (Photo by SAUL LOEB / AFP) (Photo credit should read SAUL LOEB/AFP/Getty Images)

(Photo credit should read SAUL LOEB/AFP/Getty Images)

(CNN) — President Donald Trump said Wednesday that his administration will suspend foreclosures and evictions on homeowners at least until the end of next month.

Speaking at the White House, Trump said the move from the Department of Housing and Urban Development would provide relief during the coronavirus outbreak.

“The Department of Housing and Urban Development is providing immediate relief to renters and homeowners by suspending all foreclosures and evictions until the end of April,” Trump said.

There are growing fears in the White House and on Capitol Hill that the coronavirus outbreak could send the economy into a damaging recession — and that aggressive intervention by Washington is needed immediately to reverse course.

Republican senators are close to reaching an agreement on the details of the $1 trillion stimulus plan, two GOP sources have told CNN, a package that one Treasury memo suggests could include a combined $500 billion in checks to Americans to address the economic impact of the coronavirus.

Groups of GOP senators met behind closed doors to hammer out the final details, but were facing new pressure from Democrats to include them in the talks in order to quickly reach a bipartisan deal on a proposal more far-reaching than Washington’s intervention during the 2008 financial crisis.

This story has been updated with additional developments Wednesday.

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

CNN

Members of the Palestinian civil defense extinguish a fire in a building in the east of Rafah, the ...

Richard Roth and Tara John, CNN

US proposes a ‘temporary ceasefire’ in Gaza in draft UN resolution

The United States has proposed a United Nations Security Council resolution calling for a temporary ceasefire in Israel’s war against Hamas

21 hours ago

Exercise particularly reduced risk of death for women, according to the data....

Madeline Holcombe, CNN

Women might lower their risk for cardiovascular disease by twice the amount as men with exercise

The benefits of exercise are great for everyone – but may be even better for women, according to a new study.

24 hours ago

The 2024 BAFTA Film Awards are being presented on Sunday at the Royal Festival Hall in London, Engl...

Alli Rosenbloom and Thomas Page, CNN

BAFTA Awards 2024: See who won

“Oppenheimer” was a big winner at the 2024 BAFTA Film Awards, which were presented Sunday at the Royal Festival Hall.

2 days ago

Republican presidential candidate and former President Donald Trump carries a pair of his new signa...

Kate Sullivan, CNN

Trump launches sneaker line a day after judge’s order to pay nearly $355 million

Donald Trump launched a sneaker line, a day after he and his companies were ordered by a judge to pay nearly $355 million.

2 days ago

Trevor Brown, 45, a member of the Sterling Volunteer Fire Company, died in the explosion....

Christal Hayes, Paradise Afshar and Rebekah Riess, CNN

Virginia home explodes with fire crews inside, leaving firefighter dead and 13 injured, officials say

A house exploded in Virginia as fire crews were inside checking a gas leak, leaving one firefighter dead and at least 13 others injured.

2 days ago

A police officer stands inside Lakewood Church, Sunday, February 18, in Houston....

Ashley R. Williams, Jeanne Bonner and Raja Razek, CNN

Joel Osteen’s Lakewood Church resumes Sunday service one week after shooting that left 7-year-old boy injured

Services at Joel Osteen’s Lakewood Church in Houston resumed Sunday morning with a large security presence.

3 days ago

Sponsored Articles

Mother and cute toddler child in a little fancy wooden cottage, reading a book, drinking tea and en...

Visit Bear Lake

How to find the best winter lodging in Bear Lake, Utah

Winter lodging in Bear Lake can be more limited than in the summer, but with some careful planning you can easily book your next winter trip.

Happy family in winter clothing at the ski resort, winter time, watching at mountains in front of t...

Visit Bear Lake

Ski more for less: Affordable ski resorts near Bear Lake, Utah

Plan your perfect ski getaway in Bear Lake this winter, with pristine slopes, affordable tickets, and breathtaking scenery.

front of the Butch Cassidy museum with a man in a cowboy hat standing in the doorway...

Bear Lake Convention and Visitors Bureau

Looking Back: The History of Bear Lake

The history of Bear Lake is full of fascinating stories. At over 250,000 years old, the lake has seen generations of people visit its shores.

silhouette of a family looking over a lake with a bird in the top corner flying...

Bear Lake Convention and Visitors Bureau

8 Fun Activities To Do in Bear Lake Without Getting in the Water

Bear Lake offers plenty of activities for the whole family to enjoy without having to get in the water. Catch 8 of our favorite activities.

Wellsville Mountains in the spring with a pond in the foreground...

Wasatch Property Management

Advantages of Renting Over Owning a Home

Renting allows you to enjoy luxury amenities and low maintenance without the long-term commitment and responsibilities of owning a home.

Clouds over a red rock vista in Hurricane, Utah...

Wasatch Property Management

Why Southern Utah is a Retirement Paradise

Retirement in southern Utah offers plenty of cultural and recreational opportunities. Find out all that this region has to offer.

Trump says HUD is suspending foreclosures and evictions