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Former Obama economic advisor feels ‘a tiny bit bad’ for Trump on affordability crisis

As President Donald Trump struggles to address Americans’ growing affordability concerns, he has gotten some sympathy from one of former President Barack Obama’s former top economists. Jason Furman, Harvard Kennedy School of Government professor and former chair of the Council of Economic Advisers under Obama, told CNBC’s “Squawk Box” on Wednesday pessimistic consumers have overlooked…

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President Donald Trump delivered a politically charged speech Wednesday carried live in prime time on network television, seeking to pin the blame for economic challenges on Democrats while announcing he is sending a $1,776 bonus check to U.S. troops for Christmas. The remarks came as the nation is preparing to settle down to celebrate the holidays, yet Trump was…

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As Trump calls affordability a ‘con job,’ Democrats unveil an affordable housing plan

WASHINGTON — As the economy emerges as a likely defining issue in next year’s midterm elections, President Trump has wrestled with Americans’ rising cost of living, declaring himself the “affordability president,” then soon dismissing the issue as something that “does not mean anything to anybody.” At two White House events this week, the president accused Democrats of…

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