“President Donald Trump’s newest proposals to tackle Americans’ anxiety about the cost of living are already proving difficult to enact,” Semafor reports.
“The president last week announced a pair of economic policies — banning institutional investors from buying single-family homes and capping credit card interest rates at 10% — that track closer to the GOP’s populist fringe than to its free-market core.”
“But it’s highly likely that both will require Congress to pass legislation; that’s shaping up to be a heavy lift for both chambers, especially as private-sector heavyweights like Wall Street line up in opposition.”
The Guardian: Democrats go all in on affordability in bid to turn voters against Trump.
