In The News
85 stories tracking the cost of living under Trump
July 2026 (3 stories)
Congress
Trump refuses to sign the decades-biggest housing affordability bill, which becomes law at midnight anyway, protesting the Senate’s failure to pass his voting restrictions.
Bars investors from single-family homes
Economy
USDA officials pressured Walmart, Kroger, and Albertsons on beef prices days before Trump claimed credit for cuts Walmart had already put on shelves June 29.
Cattle herd smallest in 75 years
Economy
Trump claims Walmart cut prices “at my Administration’s request” while the retailer’s own statement announcing the reductions never mentions him or the government.
Inflation hit three-year high last month
June 2026 (17 stories)
Congress
House Speaker Johnson says the bipartisan housing affordability bill becomes law with or without Trump’s signature, after Trump dismissed it as “a yawn.”
Withheld over stalled voting rights bill
Congress
Rep. Ocasio-Cortez calls for breaking up big tech companies as Apple and others raise prices, saying the firms want to act like governments.
Backs moratorium on new AI data centers
Congress
Five million people have dropped ACA coverage for 2026 after Trump and Republicans let enhanced subsidies expire, roughly doubling premiums, new federal data shows.
Subsidy fight drove October's record shutdown
Economy
New York City’s Rent Guidelines Board freezes rents on roughly one million stabilized apartments, the first freeze since 2020 and delivering on a central Mamdani campaign promise.
Lone landlord member quit before vote
Economy
Michigan erases more than $74 million in medical debt for nearly 72,000 residents through a state partnership with the nonprofit Undue Medical Debt.
Program total now tops $200 million
Congress
The House passes the bipartisan 21st Century ROAD to Housing Act 358-32, sending it to Trump’s desk after the Senate’s 85-5 vote.
Shortage of 7.2 million affordable units
Congress
A one-year Republican ban on Medicaid funding for Planned Parenthood expires July 5 with no extension, after the Senate parliamentarian capped it at one year and the GOP concedes it lacks the votes.
51 clinics closed during the ban
Congress
The Senate passes a bipartisan housing affordability bill 85 to 5, restricting large companies from buying single-family homes and waiving some environmental reviews for new construction.
Heads to the House this week
Economy
Seattle commits $8 million to keep about 1,000 households a year in their homes, funding rental aid and eviction defense before residents fall into homelessness.
Eviction filings at record highs
Economy
Warsh announces a sweeping Fed overhaul in his first meeting, launching five task forces and dropping the closely watched dot plot of rate projections.
Rates held, 9 governors foresee a hike
Economy
The Interior Department pays Invenergy $765 million to drop four offshore wind leases, its third such buyout in three months totaling $2.6 billion.
Reinvested in gas and geothermal
Economy
Trump signs the 60-day Iran ceasefire into effect and threatens to resume bombing if the deal collapses.
Strait of Hormuz reopens, oil flows
Good Government
New York breaks ground on a subway extension to East Harlem after the Trump administration released the federal funding it had withheld for a year.
70% of the area uses mass transit
Economy
Trump tells reporters he loves the inflation that just hit a three-year high, citing a secret mission moving oil through the Strait of Hormuz.
Gas up 40% since war began
Economy
Inflation tops 4% for the first time in three years as war-driven gas prices outpace wage growth and shrink real spending power.
Airfares up 27% in a year
Economy
Trump administration warns over 500 hospitals to post clear prices or face fines up to $2 million yearly, with red states Texas and Indiana leading violators.
Only 29% approve of Trump healthcare policies
Economy
Rubio tells Congress the Iran war is over as an Iranian attack on Kuwait’s airport kills one and wounds 63.
Lone death an Indian national