

Bruce
Loan OfficerForum Replies Created
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Florida Governor Ron DeSantis’ Bold Plan for Property Tax Relief
In March 2025, Florida Governor Ron DeSantis revealed a more immediate property tax relief plan for Florida homeowners, demonstrating his intent to remove property taxes within the Sunshine State. During a press briefing in Orlando, his tax relief blueprint drew attention from lawmakers, homeowners, and policy analysts. With state-controlled property values creating an additional financial burden to the residents of Florida, DeSantis intends to provide tax relief to homesteaded homeowners while upholding “Florida-first” tax policies. Through this blog, I will outline the proposal’s details, discussing its conceivable impacts, the political dynamics involved, and the hurdles it faces.
The Proposal: Short-Term Relief with a Long-Term Perspective
Florida Governor DeSantis plans to relieve property tax burdens by slicing them up for Florida’s 5.1 million homesteaded property owners. The main parts of the proposal include:
$1,000 Rebate for Homesteaded Properties:
Redirecting the $5 billion set for a sales tax cut to provide a one-off property tax rebate of $1,000 per homestead is a core proposal of DeSantis. These rebates are intended to be disbursed in December 2025 and will reimburse state-mandated school property taxes (RLE). The state would offset the RLE using budget reserves, ensuring full recovery of funds to school districts so that educational services are not impacted.
Along with tax relief, the Governor will place a constitutional amendment for voting in November 2026. This constitutional amendment would “eliminate” or radically reduce the property tax in Florida, which would require 60% of voter support to pass. In his campaign, the government asserted this is the “main event” of his efforts to overhaul Florida’s taxation system, highlighting that property taxes “rent for the government” on the house paid for by the homeowners.
Shifting the Tax Burden:
Governor DeSantis seems to be taking a “Florida-first” approach by continuously emphasizing that tax relief should cater to residents, not tourists or non-residents. He suggested that foreign tourists such as Canadians and Brazilians could pay more through increased taxes, which, in turn, would help recoup the revenue loss from reduced property taxes. Such an arrangement would help offset the revenue loss from decreased property taxes and reduced tourist spending, but it ignores several implementation details.
DeSantis’s strategy also addresses homeowners’ growing frustration with increasing property values across Florida. DeSantis has repeatedly criticized property taxes as an “oppressive tax burden,” one that enslaves so-called property ownership by demanding perpetual payments to local governments.
Why Property Tax Relief Matters in Florida
As the Florida Policy Institute estimated, property tax collection remains a major revenue source for local governments and school districts. They generate about $42.7 billion annually, almost $2,000 for every state resident. These revenues fund vital public services such as public education, policing, firefighting, park maintenance, and infrastructure services (roads and bridges). Nevertheless, the rapid growth in property value, coupled with soaring tax assessments, has placed a considerable burden on homeowners.
Veteran Bill Hyde of Oviedo supports DeSantis’ proposal, mentioning how property taxes take a significant portion of their income. “We’re retired.” During a press conference with DeSantis, Hyde stated, “We live on a fixed income, and property taxes significantly impact our budget.” Plant City resident Kathleen Hauff expresses concern about receiving Social Security income and paying property taxes. She states, “Between our property taxes and homeowners’ and car insurance, we can’t live here anymore.”
Florida is among the most affordable states, as people do not pay state income tax. According to Florida’s average effective real estate tax, WyellHub estimates the property tax for Florida to be $325,000, which places it in the middle ground of all US states at 0.79%. However, as taxes on average homes are $2,55, alongside the rise in homeowners insurance, it would make living in Florida unaffordable.
The Political Divide: Support and Opposition
DeSantis is sparking controversy within Florida’s GOP-controlled legislature with his counter-proposal to cut the sales tax to 5.25% from the current 6% rate, which House Speaker Daniel Perez suggested. Perez’s plan, which is projected to save taxpayers approximately $5 billion a year, would yield savings for a larger number of people, including tourists and out-of-state residents. DeSantis has been vocal in condemning this plan, stating that it “undermines the relief” intended for the state’s residents. DeSantis quipped, “I would rather not give Canadians a tax cut,” demonstrating his stance on prioritizing Florida homeowners.
As Perez appears open to further collaboration with DeSantis, stating, “I welcome the governor’s proposal and look forward to more conversations on how we deliver meaningful tax relief for every Floridian,” it is clear that the gap still exists. Senate President Ben Albritton has taken a more tempered approach, cautioning that aggressive tax cuts may lead to budget deficits down the road, reminiscent of the Great Recession. Albritton fiercely defended the provision of essential taxpayer-funded services and stated the need for a balance between providing tax relief and servicing critical infrastructure such as transportation, clean water, health care, and public safety.
Democrats, with a supermajority in the legislature, are worried about eliminating property taxes. House Democratic Leader Fentrice Driskell pointed out the absurdity of suggesting teachers, law enforcement, or even sanitation workers would take cuts to pay for the $43 billion in revenue property taxes generated. It is also pointed out that shifting the burden to sales tax would be even worse for lower-income groups since they are already disproportionately affected by the more regressive nature of sales taxes.
Possible Effects and Problems, Benefits for Homesteaded Property Owners
The immediate rebate of $1,000 would benefit senior citizens and other individuals on a fixed income, relieving the 5.1 million homesteaded property owners in Florida. Restricting the RLE portion of property taxes to preserve school funding supports the concern about service cuts. Furthermore, the amendment DeSantis suggested would fundamentally alter the tax structure of Florida, which he considered too regulated for government control, as it would ease the homeownership process.
Threats to Local Governments
Taxes on property form one of the key revenues for local government, financing almost all school district revenues, police, fire services, and infrastructure. For the Florida Policy Institute, obtaining the same revenue through alternate sources would equate to $43 billion, a staggering figure. For critics like Tampa City Council member Luis Viera, doing away with property taxes could “wreak havoc” on local communities where spending on public safety and public schools is greatly reduced.
Economic and Fiscal Aspects
With Florida having a robust fiscal position containing a budget surplus of $14.6 billion in the projected 2025-2026 budget, some leeway for funding the one-time RLE elimination exists. However, if property taxes are eliminated permanently, drastic changes would need to be made to Florida’s tax system. As a suggestion, DeSantis proposed using the DOGE (Department of Government Efficiency) to seek audits of local spending and locate more wasteful spending that could offset the lost revenue. However, skeptics are more concerned with long-term fiscal health without a plan to replace the $43 billion annually expected from property tax revenue.
Comparison to Other States
The attempts at repealing property taxes in Florida are similar to the initiatives taken in Republican control states like Pennsylvania, Illinois, and Kansas, where increasing property taxes have been met with fierce resistance from homeowners. This balancing act becomes even more difficult when considering North Dakota, which, in November of 2024, voters rejected a tax relief proposal to alleviate the constraints of subsidizing essential services. Although Florida may have the edge as a tourism-reliant economy to pass some tax burdens onto visitors, whether or not this is plausible is uncertain.
Public and Industry Support
Organizations such as Florida Realtors have supported the proposal, and its President, Tim Weisheyer, has publicly deemed it eloquent as a move to protect the “American dream” of homeownership. Jim Savina and Winter Park resident Tami Klein have also shown enthusiasm towards it, with Savina stating, “Every time I get my tax bill, it seems great if that could be lowered or eliminated.” As the discourse has shifted to social media platforms, it is evident that most taxpayers loathe property taxes, which are dubbed the second most disgraced tax after the federal income tax, according to a recent Gallup survey.
The Road Ahead
Florida’s legislative session for 2025 will start on March 4 and end on May 2. This will be the most important time frame for DeSantis to push through his proposal. Although the rebate would be more than a thousand dollars, it could be implemented through legislative action. However, the constitutional change will need much more support and must be approved by 60% of voters in 2026. Some bills have been proposed, such as SB 1018 and HB 357, which plan to increase the homestead exemption, but remain stagnant. This may indicate potential roadblocks in implementing certain legislation.
DeSantis frames his proposal as an initial push in a larger, systemized battle to reform Florida’s tax system. His work with the DOGE task force to examine local government spending and his transparency push indicate that he is trying to gain public support in multiple ways. Still, the public’s lack of information on a proper replacement plan for property tax revenue will slow negotiations between the proposition and the House and Senate.
Florida: Property Tax Relief Proposal by DeSantis
Governor Ron DeSantis’ plan for property tax relief rebates is Florida’s change that disturbs the local government funding equilibrium, straining Florida homeowners. Immediate rebate implementation and constitutional amendment moves will help ease the financial woes and reshape property holdings in Florida. However, fiscal, political, and logistical issues will be the backbone of the success of this plan, alongside legislative approval and revenue source sustainability. With such complexity around property taxes, it will remain an intense debate impacting local governing bodies and the economy moving towards the 2026 ballot.
For further information regarding budget proposals and tax relief plans, check out updates from the Florida Legislature or visit the Governor’s Executive Office.
Sources: Executive Office of the Governor, WESH, FOX 13 Tampa Bay, Tallahassee Democrat, Florida Policy Institute, CBS Miami, ABC Action News, Newsweek, and posts on GCA Forums News.
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Financing mobile home parks (MHPs) can be lucrative, but it requires understanding the specific financing options and guidelines. Here’s an overview of how financing works for MHPs, who typically provide it, and key qualifications.
Who Finances Mobile Home Parks?
- Commercial Lenders: Many banks and credit unions offer loans for mobile home park acquisitions and refinances.
- Specialized Lenders: Some lenders focus on multifamily and commercial properties, including mobile home parks.
- Government Programs: The USDA and FHA may provide financing options for mobile home parks, particularly in rural areas.
Financing Guidelines
- Property Valuation: Lenders will assess the value of the mobile home park based on its income potential, occupancy rates, and location.
- Down Payment: You should expect to put down 20% to 30% of the purchase price, although this can vary by lender.
- Debt Service Coverage Ratio (DSCR): Lenders usually require a DSCR of at least 1.2, meaning the park’s income should cover 120% of the debt payments.
- Creditworthiness: Borrowers typically need a strong credit profile, often with a score of 680 or higher.
- Experience: Lenders may look for borrowers with experience in property management or real estate investments, especially if they’re new to MHPs.
Qualifying for Financing
- Financial Documentation: Be prepared to provide tax returns, financial statements, and details about the property.
- Business Plan: A solid business plan that outlines your operational strategy, including exit strategies, can strengthen your application.
- Management History: Demonstrating a successful track record in managing similar properties can make you a more attractive borrower.
Additional Considerations
- Personal Property: As you noted, homes not attached to the land are often classified as personal property rather than real estate. This distinction affects financing options, as personal property loans typically have different terms and conditions.
- Exit Strategy: It is crucial to have a clear exit strategy. Whether you plan to sell, refinance, or hold the property long-term, a well-defined strategy will guide your investment decisions.
- Investing in mobile home parks can offer substantial returns, but it requires careful planning and knowledge of financing options. By understanding the lending landscape and preparing the necessary documentation, you can position yourself for successful financing and management of your investment. If you need more specific insights or have further questions, please ask!
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Bruce
MemberApril 27, 2025 at 5:21 pm in reply to: Mike Lindell Biography: What Happened with Mike Lindell and Donald TrumpGood to hear from you, and thanks for confirming! Mike Lindell has been off the radar. I remember he was always on television, cable, and social media, not just for his MyPillow company based in Minnesota but also to support President Donald Trump. Mike Lindell and Donald Trump were closer than ever in the first Trump Administration. However, it seems like he faded away, so many viewers of GCA Forums and the public wonder if something happened between them.
I’ll start by answering each section to the best of my abilities, using principles for the answers, and formatting cleanly for GCA Forum’s guidelines (like a detailed, professional post).
Mike Lindell Biography: What Is His Current Net Worth and All Updates?
Overview
- A well-known American entrepreneur, Mike Lindell, founded MyPillow.
- He is known for his business endeavors and vocal political support of Donald Trump.
- Mike, a regular at the White House, has experienced extreme highs and self-inflicted lows and has faced immense drama during his pivotal life stages.
- Nowadays, people are curious about Trump’s financial status, standing with Trump, and present engagements.
- So, let’s look at his life, career, and the latest updates surrounding him.
Mike Lindell’s Youth And Early Years
- Complete Name: Michael James Lindell
- Birthdate: June 28, 1961
- Birthplace: Mankato, Minnesota, USA
- Citizenship: American
Mike Lindell’s family background is that of a blue-collar American family from Minnesota. His childhood gives us a glimpse of an average Midwestern American life, which means hard work was expected, but following through with it was another story. Very little information can be found on his parents and siblings, but what is known is that Lindell has publicly stated he was dealing with addiction issues from an early age.
Academic Background
- It is interesting that Mike Lindell did not have the best academic journey.
- He briefly attended the University of Minnesota after high school but dropped out within a few months.
- His emphasis was much more on hands-on or self-made work, as seen in his story.
First Steps Into The Workforce
- In his early career, Lindell dabbled in multiple industries during his younger years, from working in bars and restaurants to attempting and failing to establish a meticulous cleaning business, restaurant, and catering.
- Creating MyPillow
- In 2004, Mike Lindell invented MyPillow.
- Lindell states that the idea was presented to him in a dream.
- Over the years, he worked hard to create a mold for the pillow and finally patented his creation.
- Like any other entrepreneur, Mike struggled in the initial phase of his business.
- He sold pieces in kiosks during trade fairs.
- However, his late-night infomercial in 2011 turned his luck around by generating massive sales and brand recognition for MyPillow.
Mike Lindell
- Lindell formed a close relationship with Donald Trump during the 2016 elections.
- His public endorsement of Trump gained him fame all across America.
- He was often spotted at Trump rallies and even had the honor of addressing people during political speeches.
- Trump’s presidency made frequent visits to the White House mandatory for Lindell.
- During these visits, he discussed everything from American manufacturing to addiction (Lindell used to be a crack cocaine user).
- He has contributed financially to Trump’s legal battles and political schemes.
- His loyalty to Trump was rather unsurprising.
- There came a moment when it appeared Lindell would, quote, “give his left arm and right balls” (a joke people make) to help Trump win.
Controversy After the 2020 Election
- In his attempt to sell pillows and sleep-related accessories, Mike Lindell was a fervent “Stop the Steal” proponent, claiming the 2020 election had fraud. Lindell’s claims about the election, which came after court-shattering media and numerous election officials, became known as “election fraud,” where he financed movies and symposiums, which ultimately went for naught due to a lack of evidence.
This has resulted in:
- Boycotts: Lindell spearheaded boycotts against major retailers such as Bed Bath & Beyond and, later, Kohl’s, which suspended selling MyPillow products.
- Defamation Lawsuits: Dominion Voting Systems, along with several other voting machine companies, sued Lindell and his company, MyPillow, on the grounds of serious defamation claims, which escalated to billions in damages.
- After these events, Lindell suffered severe business and financial damage.
Struggles With MyPillow and Lawsuits from FedEx
- In February 2024, FedEx filed a case in federal court against MyPillow, claiming the company owed them $9 million in unpaid shipping costs.
Statements made in the said court claim include:
- “MyPillow, to this date, is cited as the lacking contributor to the accruing of dues. Hence, no payment has been issued.”
FedEx claims its contractual relationship began sporadically in 2021 and continued until 2023, with numerous tweaks made at MyPillow’s behest. Lindell publicly stated that he is struggling financially, having to sell company machinery and relocate, further burdening him with unfriendly economic conditions and MyPillow’s attempts to pivot out of the industry.
Why Mike Lindell is Now Quiet About His Association With Donald Trump
There are a few different factors that explain Lindell’s silence regarding all things Trump these days:
Legal Troubles:
- Lindell’s legal issues with his lawsuits are only getting more complicated, especially with the added complexity of public commentary.
Limited Resources:
- Lindell lacks the financial capabilities to fund political endeavors.
Change in Strategy:
- Lowering Lindell’s profile may have been a brand recovery campaign for MyPillow, which some advisors instigated.
Campaign Detachment:
- Trump’s current campaign has been run like a tight ship, without visible controversial surrogates or spokespeople.
Did Mike Lindell Participate In Donald Trump’s Campaign?
- No.
- Mike Lindell has not played much of a part in the most recent of his campaign activities.
- According to the reports, Lindell was not involved in the campaign strategy engagements, likely because his attention was diverted elsewhere due to his ongoing legal battles and court-related finances.
How’s Mike Lindell’s Health?
- His business, MyPillow, continues to operate.
- However, in a scaled-down capacity.
- He remains active on social media, with political commentary emerging increasingly within his posts.
- Lindell seems to be doing well, though he is facing exposure to a large number of competing pressures.
- He is maintaining a politically optimistic public image as he goes.
- Physically and mentally, he does appear to be performing better ahead of his later public, hard-to-find political days, in which he was a high-profile figure.
Mike Lindell in 2025
- MyPillow continues to operate.
- He is still defending himself in several lawsuits.
- He still supports political causes, like election integrity, at the grassroots level.
- He is selling his clearance stock through various websites.
- He continues to make conservative media appearances from time to time.
- Mike Lindell may be a more low-key figure in the public eye, but he remains as determined and controversial as ever.
- While his empire shrinks, his grit and resolve are unwavering.
Frequently Asked Questions (FAQs)
Why does FedEx have a nine-million-dollar lawsuit against Mike Lindell?
- FedEx filed a countersuit against MyPillow.com, claiming that the company did not pay for shipping services exceeding $9 million.
Do you know if MyPillow is still operational?
- Yes, but MyPillow is still operational.
- It was significantly scaled down after major retailers dropped the brand, causing boycotts.
Did Mike Lindell lose his fortune?
- Selling off company assets has enabled him to avoid bankruptcy.
- Still, he also had to let go of a sizable workforce, leading many to question whether he is in terminal decline.
Are Mike Lindell and Donald Trump still friends?
- No public rift has been declared.
- However, they seem cooler toward each other now than during Trump’s first term.
What has happened to Mike Lindell’s election fraud claims?
- Every expert, court, and fact-checker has dismissed Lindell’s claims as bankrupt.
- As a result, he is suffering from never-ending defamation lawsuits.
What is Lindell’s plan moving forward?
- Despite relentless legal and financial challenges, Lindell remains resolute about continuing to advertise his products and abandoning right-wing causes.
- Mike Lindell, a small business owner turned political personality, has lived the American dream.
- Although his close association with Donald Trump gave him newfound fame, the controversies he dealt with post-election have shredded his reputation, wealth, and business.
- No matter his trials now, Lindell’s spirit is incredibly resilient. Whether or not he can stage a comeback is yet to be determined.
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Two and a Half Men was one of my favorite shows. I got the DVD series and watched every single DVD. However, having such a young kid like Angus T. Jones play Jake Harper probably emotionally damaged Angus T. Jones. I disagree with the foul-mouth language they used as well as the sex scenes Angus T. Jones had to confront and act in.
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What factors besides Trump’s criticism influence market volatility?
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Can you quantify the volatility increase during these periods?
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Estimating the precise rise in market volatility due to President Trump’s Criticism of Federal Reserve Chair Jerome Powell requires some considerations:
VIX Index (CBOE Volatility Index):
The VIX, known as the “fear index,” is the market’s estimation of imminent volatility captured through S&P 500 stocks and options. Let’s say you want to measure volatility for an average resident:
Baseline VIX:
- Without substantial political drama and uncertainty surrounding a country’s economic policies, the VIX level could be between 12 and 20.
During Criticism:
- From available information, during the time Trump blasted the Fed or during other major controversies, the VIX would be as follows:
Short-term spikes:
- The Volatility Index saw a significant upward shift of 5 to 10 points within the range of days.
- One example is the spike from 17 to above 36 after Trump’s tweets criticizing Powell towards the end of 2018.
Sustained Increase:
- During constant Criticism, the VIX would remain elevated or increase by 20% to 50% of its standing level.
Implied Volatility of Options: Options Volatility:
Implied and Historical Volatility:
- Indicators suggest that options on major indices like the S&P 500 or individual stocks tend to experience higher implied volatility during these periods.
Volatility in Market Pricing:
- The price of options contracts is expected to increase by 10 percent to 30 percent, or, in some cases, greater than 30 percent for at-the-money options.
Day-to-Day Changes in Stock Prices:
Average True Range (ATR):
- ATR is a technical measure of volatility in the market.
Observed Data:
- During external periods of Fed scrutiny, ATR for the S&P 500 might indeed rise:
Moderate Periods:
- ATR could be around 20 – 30 points.
While Facing Criticism:
- ATR could spike to 40 – 60 points or greater, implying a surge in daily volatility of nearly 50 percent to 100 percent.
Statistical Measures:
Standard Deviation:
- The daily returns of the S&P 500 or any other index give a standard measure of volatility.
Common Volatility:
- Daily returns would have a standard deviation of 0.8 percent to 1.2 percent during a normal period.
Increased Volatility:
- While Trump criticized the Fed, this could increase 30 to 60 percent, bringing the standard deviation from 1.5 percent to 2.0 percent.
The beta of Stocks:
Market Beta:
- Stocks or ETFs that trend with the market’s movement will likely increase their beta.
Ordinary Beta:
- Approximately 1 for the S&P 500.
- During Criticism, Betas may increase, with some stocks or sectors rising 0.1 to 0.5 points, indicating greater volatility in market movements.
Trading Volume:
Volume Spikes:
- Throughout periods of uncertainty, it is not uncommon for trading volume to increase substantially.
Normal Volume:
- The average trading volume of high-ranking indices could be hundreds of millions.
During Criticism:
- When Trump criticizes the Fed, volumes are estimated to increase by a factor of two to three, suggesting sustained market volatility and activity.
- These figures are rough approximations and assume a set scenario.
- The context within which one critique, the economic context, and other contemporaneous factors tend to dictate the actual spike in volatility.
- Nonetheless, these metrics present a means to sketch a picture of flexible outlines on how markets would operate:
Regarding market volatility, short-term measures would range from a surge of 20% to 50% to more than that when looking at implied volatility measures such as VIX.
For longer-term assets needing to rely on sustained or patterned Criticism, volatility would persist at an increase of 10% to 30% from baseline levels.
Remember, these are rough approximations, and market movements can be affected by numerous factors; alongside Trump’s criticism, the release of economic data, global happenings, market sentiment, and many other elements also play a role.
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Analyze the impact of Trump’s criticism of Powell on market volatility.
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GCA Forums News—Monday, April 21st, 2025
Catastrophic Unrest in the Economy
Today’s news reports that the widening chaos caused by the Russia-Ukraine conflict and Trump’s 2020 Trade Wars has led to Trump’s rants regarding the Federal Reserve Bank. He targeted Jerome B. Powell directly along with the Federal Reserve Board. The exposure tensions led to the US Financial Market Chaos.
Chaos In Domestic Politics
Trump’s tirades against Powell have intensified in the domestic public sphere. He suggests that Powell should publicly resign if he does not align with the statutory Trump-appointed monetary policy and demands substantial alignment between Powell’s decisions and the Trump Policy.
Lawsuits on Sanctuary Policies
The Department of Justice has initiated legal action against the City of Chicago and the State of Illinois for their policies on sanctuary cities, claiming that these areas are obstructing apprehensions relating to immigration enforcement at the federal level. Chicago’s Mayor Brandon Johnson and Illinois’s Pritzker have both supported their policies, with Chicago’s Mayor branding the federal moves as politically motivated.
Legal Pursuit of Letitia James
Letitia James, Attorney General of New York State, is facing allegations regarding mortgage fraud connected to declaration documents of properties. James dismissed the allegations, arguing that they were untrue and rooted in her political opponents.
Real Estate Sector with Special Focus on Housing Demand
Mortgages
Prospective homeowners face hurdles due to limited housing availability and slightly higher mortgage rates. Currently, the average 30-year fixed rate hovers at 7.8%.
Market Volatility
The housing market volatility remains affected by fluctuating interest rates, economic uncertainties, and mortgage price uncertainty.
Automotive Industry Updates
Industry Impacts
Like any other industry, the automotive industry is characterized by a volatile mixed signal. For instance, while segments reserved for electric cars record mounting sales, older vehicles like trucks and SUVs face sluggish sales, explosive inventories, and deteriorating market demand.
Fleet Vehicle Sales
Sales of commercial vehicles and fleet vehicles have remained robust due to business spending and infrastructure work. However, providing services is still hampered by supply chain issues affecting delivery schedules.
The Death of Pope Francis
Pope Francis, the first Latin American Pope, died on April 21stEaster Monday, April 21st, 2025, at the age of 88 due to health contingencies. He passed away in his residence, the Vatican Casa Santa Marta. As Pope, he tried to modernize the Church and sought action on climate change and other global challenges.
Economic Indicators
Inflation and GP
The latest analysis indicates that President Trump’s trade policies could lower GDP by 6% in the long run and wages by 5%. This creates a new layer of deep recession risk.
Unemployment Trends
Unemployment is forecasted to increase modestly, with some projections suggesting it will reach 5 percent by early 2026. This increase is due to a combination of trade policies and economic restructuring.
Federal Reserve Perspective
Policy Approach:
Under Chair Powell, the Fed has been very conservative, citing the need for greater clarity from incoming data because of economic uncertainty. Even with political tensions, the Fed has not lost sight of its dual approach of maximum employment and price stability.
DEI Initiatives In Flux
Here are some examples of the biggest companies scaling back on their diversity, equity, and inclusion (DEI) programs, which have recently come under fire. This is part of a broader legal and political conflict concerning DEI programs in the workplace.
All these events highlight how policy decisions in one jurisdiction affect political, economic, and financial dominoes elsewhere. In this country, there is a need for all hands on deck to deal with the issue.