There’s no specific plan for the payments, which Congress would likely need to approve. Meanwhile, the Supreme Court is hearing arguments about whether Trump overstepped his authority in levying tariffs without congressional support. Plus: Would 50-year mortgages help the housing crisis?
Los Angeles Times: Trump Says Americans Will Receive $2,000 Tariff Dividend
President Trump said Sunday that most Americans would receive a $2,000 dividend payment as a result of his administration’s tariffs levied against foreign countries. Trump announced the potential payments on his Truth Social platform, calling opponents of his tariffs “FOOLS” in a post. (Goldberg, 11/9)
Stat: Experts Assess Impact Of Trump GLP-1 Drug Deals With Lilly, Novo
President Trump last week hailed his deal with pharma companies to cut the price of blockbuster weight loss drugs as a major win for his administration and for increasing drug affordability. The question is how big of a difference the agreement will make for patients. (Chen, 11/10)
The Washington Post: Ten Seconds In The Oval Office That Overshadowed Trump’s Drug-Price Win
A press conference collapse has sparked days of memes and jokes. Not all are accurate. (Diamond, 11/9)
On the housing affordability crisis —
The Hill: Housing Director Confirms Administration ‘Working On’ 50-Year Mortgage After Trump Hint
Federal Housing Finance Agency (FHFA) Director Bill Pulte on Saturday said the Trump administration is “working on” a plan to introduce 50-year mortgage terms for home buyers. “Thanks to President Trump, we are indeed working on The 50 year Mortgage – a complete game changer,” Pulte wrote in a statement on the social platform X. (Fields, 11/8)
Newsweek: CEO Trashes Trump’s 50-Year Mortgage Proposal: ‘Disgusting Insult’
James Fishback, the CEO of investment firm Azoria, compared the idea of introducing a 50-year mortgage to
Trump Claims Most Americans Will Get $2,000 Tariff Dividend Payout
