This week: FHFA director Bill Pulte convinced Trump to back 50-year mortgages with some posterboard and a photo of FDR. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss why Trump’s post about 50-year mortgages angered conservatives – officials and voters alike – and why they’re more of a hindrance than a solution to the housing crisis. Then, the White House is considering limiting the power of proxy advisers and index-fund managers on shareholder voting. The hosts explain what this would mean for shareholders and how billionaires like Elon Musk and Jamie Dimon, vocal opponents of these firms, stand to gain even more power if they do. Then finally, Robinhood has announced a new service that delivers cash to your door and the hosts ponder the use cases and mechanics of such a thing.
In the Slate Plus episode: Can You Do That With a Comma?
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Podcast production by Jessamine Molli and Cheyna Roth.
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