"Over the past few weeks, the White House has rolled out a blitz of proposals that sound more like something out of Bernie Sanders', Elizabeth Warren's, or Zohran Mamdani's offices than a Republican administration. Trump has called for institutional investors to be banned from buying single-family homes, and he's sought to block military contractors from undertaking stock buybacks and issuing dividends unless they step it up on production. He's also revived a pledge from the campaign trail to cap credit card interest rates at 10%."
"Trump has tended to take a heterodox approach to the economy that diverges from the more typical Republican "let the chips fall where they may" stance on markets. He's used his bully pulpit to stop companies from shipping jobs overseas and weighed in on mergers from the Oval Office. During his second term, the federal government has taken equity stakes in multiple American companies, marking a shift toward a more heavy-handed, interventionist approach to private industry."
President Donald Trump has adopted several traditionally progressive economic proposals, including banning institutional investors from buying single-family homes, capping credit-card interest at 10%, blocking buybacks and dividends for certain contractors, and proposing $1,000 'Trump accounts' for children born 2025–2028. The administration has taken equity stakes in companies and used presidential influence to oppose offshoring and shape mergers, signaling a more interventionist economic stance. The shift reflects a focus on affordability and domestic production. The seriousness and feasibility of many proposals remain unclear. Existing measures like tariffs could undermine affordability goals.
Read at Business Insider
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