Republicans denying the 2020 election are easy prey for mischievous economic messaging. The University of Michigan’s national Consumer Sentiment Index plummeted 50% under Biden to an all-time low.
The real estate industry breathed a sigh of relief as changes to carried interest were stripped out of the Inflation Reduction Act, reports The Real Deal. The FDIC plans to increase its scrutiny of CRE loans, according to American Banker. These are among today’s must reads from around the commercial real estate industry.
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