Slate Money | The Correct Opinion on 50-Year Mortgages

This week: FHFA director Bill Pulte convinced Trump to back 50-year mortgages with some posterboard and a photo of FDR.  Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss why Trump’s post about 50-year mortgages angered conservatives – officials and voters alike – and why they’re more of a hindrance than a solution to the housing crisis. Then, the White House is considering limiting the power of proxy advisers and index-fund managers on shareholder voting. The hosts explain what this would mean for shareholders and how billionaires like Elon Musk and Jamie Dimon, vocal opponents of these firms, stand to gain even more power if they do. Then finally, Robinhood has announced a new service that delivers cash to your door and the hosts ponder the use cases and mechanics of such a thing.  In the Slate Plus episode: Can You Do That With a Comma? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Get 50% Off Monarch Money, the all-in-one financial tool at ⁠www.monarchmoney.com/SLATE⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices