#economics + #politics

Public notes from activescott tagged with both #economics and #politics

Wednesday, January 14, 2026

In just the past week, President Donald Trump has ordered defense companies to halt dividends and stock buybacks, and limited executive compensation to $5 million a year; ordered Fannie Mae and Freddie Mac to buy $200 billion of mortgage-backed securities; ordered an array of energy firms to invest in Venezuelan oil infrastructure, called for a 10 percent cap on credit card interest rates; announced steps to ban institutional purchases of single-family homes; and opened a criminal investigation into Jerome Powell's handling of Federal Reserve building renovations in an attempt to influence monetary policy.

Saturday, November 1, 2025

The SNAP shutdown halts roughly $8 billion a month in federal food assistance — money that usually flows straight into grocery stores and helps feed 42 million Americans. Without it, both low-income households and major retailers like Walmart, Aldi and Kroger feel the pinch. Driving the news: Companies and nonprofits are rolling out new programs to keep food flowing — from free grocery credits to multimillion-dollar donations.