Rising housing costs are a critical driver of the current affordability crisis, and they cannot be addressed without genuinely confronting the role of private equity and big investors buying up the nation’s housing stock.
By: Oscar Valdés Viera There is trouble brewing in opaque private markets. That’s why Wall Street firms are pushing full steam ahead to pull working families into these high-risk, high-fee investments. The administration, Congress, and private equity industry pretend that they are democratizing investing by letting retirement savers and mom and pop investors into the
A little over a year since the Trump administration came to power, Congress should hold Chairman Atkins to account for the role the SEC is playing to consolidate the power of the oligarchy through dramatic market-moving changes — all of which the agency has made through quick tweaks that avoid procedures that would have given stakeholders a chance to weigh in and check this power grab.
What does the SEC have to do with the oligarchy? Unfortunately, quite a lot.
Now, the drumbeat of Trump’s self-dealing is practically a corruption drumroll. In the latest exposé of the First Family using their clout to boost their personal wealth, the Wall Street Journal detailed how Sheikh Tahnoon bin Zayed Al Nahyan of the United Arab Emirates secretly purchased a 49 percent stake in the Trump family’s World Liberty Financial (WLF).
The Senate Agriculture and Banking Committees are taking up controversial and increasingly partisan crypto legislation that would expose people’s retirement savings, the financial system, and the economy to highly-risky crypto tokens.
This week, President Trump announced that he is “taking steps” to ban institutional investors from acquiring more single-family homes as part of a plan to deal with housing affordability.