The Daily Populous

Democrats Introduce Bill Banning Hedge Funds From Owning Single-Family Homes

The bill would force hedge funds to sell all of their single-family home stock over the next 10 years.

The bill would ban hedge funds from buying and owning single-family homes.

The legislation would require hedge funds to sell off their stock of single-family homes over the next 10 years and would then implement an outright ban.

The End Hedge Fund Control of American Homes Act of 2023 was introduced by Rep. Adam Smith (D-Washington) and Sen. Jeff Merkley (D-Oregon).

The lawmakers say that the only purpose for hedge funds to own homes is to make profits and that such investing has only made it more difficult for working class Americans to afford to buy a home.

“Congress must take action to crack down on corporate greed and get hedge funds out of the single-family home market.”.

The End Hedge Fund Control of American Homes Act has been cosponsored by Representatives Linda Sánchez (D-California) and Nikema Williams (D-Georgia) and Sen. Tina Smith (D-Minnesota). »

A Texas judge grants a pregnant woman permission to get an abortion despite the state’s ban

Authored by apnews.com

State District Judge Maya Guerra Gamble, an elected Democrat, granted a temporary restraining order allowing Cox to have an abortion under what are narrow exceptions to Texas’ ban.

Since that landmark ruling, Texas and 12 other states rushed to ban abortion at nearly all stages of pregnancy.

The lawsuit was filed a week after the Texas Supreme Court heard arguments about whether the ban is too restrictive for women with pregnancy complications. »

US sets policy to seize patents of government-funded drugs if price deemed too high

Authored by reuters.com

The policy creates a roadmap for the government's so-called march-in rights, which have never been used before.

The U.S. government has previously resisted calls to seize the patents of costly drugs, declining in March to force Pfizer (PFE.N) and Astellas Pharma (4503.T) to lower the price of their prostate cancer drug Xtandi.

In her first briefing with reporters on Wednesday, recently confirmed NIH Director Monica Bertagnolli said she shared concerns over high drug prices. »

Japan to provide $ 4.5 billion to Ukraine

Authored by euromaidanpress.com

Japan will pledge $4.5 billion in total support to Ukraine, the Ministry of Foreign Affairs of Japan reported on 7 December.

As a result of the meeting, Japan will contribute a total of $4.5 billion to Ukraine, including increased loan guarantees to World Bank lending.

In addition, Japan has decided to provide $1 billion in humanitarian assistance and support for Ukraine’s recovery. »

Netanyahu Should Quit. The U.S. Can Help With That.

Authored by theatlantic.com

October 7 was the day that a two-state solution was resurrected from the graveyard of Middle East politics, at least for the moment.

But to help Israelis see their way toward the creation of a Palestinian state, Netanyahu must go.

The reasons are simple: Netanyahu embodies the notion that Israel can manage the Palestinian problem without serious concessions to their national aspirations. »