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FedUpWithPols

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Wednesday, August 04, 2021

Even President Joe Biden doesn't know whether his new federal eviction moratorium for renters is legal and sustainable. But crushing humanitarian and political pressure left him no choice but to take a chance on an emergency move. ... To head off mass evictions, the White House came up with a classic Washington fudge -- not unfamiliar in an era of Capitol Hill gridlock -- in which presidents, especially Democrats, have improvised with executive power to shield constituencies from consequences of a malfunctioning political system. read more


China's crackdown on private enterprise has wiped out more than $1.2 trillion in market value for many powerful Chinese companies and stoked fears about the future of innovation in the world's second largest economy. read more


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