Truthout
Economy

Trump’s Economic Agenda Could Push the Housing Crisis Over the Edge
Organizers say desperate tenants are being pushed to the brink of revolt as Trump slashes assistance.

As DOGE Mauls Social Security, Profit-Hungry Private Equity Is Swooping In
Three private equity veterans are weaseling their way in, reportedly on the orders of the presumptive SSA commissioner.

DOGE’s Cuts to HUD Will Make It Harder to Afford Housing, Exit Homelessness
Department of Housing and Urban Development funds have been disrupted, sometimes through means that are likely illegal.

Musk Lawsuit Seeks to Gut Safeguards Against Executive Conflicts of Interest
A Delaware bill would shield corporate executives from liability while awarding Elon Musk $56 billion.

Government Assistance for Affordable Housing Is Enriching Private Equity Firms
Critics say Trump’s pick for top housing regulator has private equity interests that are at odds with reform efforts.

Sanders: 1 Percent Has Sapped $79T in Wealth From Bottom 90 Percent Since 1975
In 2023 alone, $3.9 trillion was sapped from the bottom 90 percent — enough to give every worker a $32,000 raise.

Trump Official Tells Americans to Buy Chickens to Deal With Egg Pricing Crisis
Egg prices have increased by nearly 25 percent since Trump took office.

Trump’s Tariffs on Canada, Mexico and China Will Cost the US $3,000 a Household
Trump is hiking taxes on the working class, and he is doing it in a way that doesn’t require congressional approval.

Trump Administration Moves to Gut Anti-Money Laundering Law
The announcement was panned by economists and other critics, who called the move an on-ramp for corruption.

Private Equity Firms Tighten Stranglehold on US, Angling for Boons Under Trump
Private equity has fingers in our homes, hospitals and jobs. Resisting it is crucial to our fight for a just society.