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Just dropped · Trial Balloon · Ep. 193

The Magnificent Seven

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Trial Balloon · Ep. 193: The Magnificent Seven

Trump’s Affordability Agenda Faces Friction

January 12, 2026 · 7:50 am ET · Leave a Comment

“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.

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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