The Byproducts of the War on Iran
Iran’s control of the Strait of Hormuz affects not just oil and fertilizer, but also the many oil- and gas-based inputs essential to everyday goods.
Congress passed a bill yesterday that would give bankruptcy judges the limited ability to "cram down" or rewrite mortgages for borrowers about to lose everything. The bill will now move to the Senate.
It's a good start, but doesn't go far enough.
The bill was watered down to appease a group of conservative Democrats