2448 - Is Trump Crashing The Economy?; NYC Organizes For Rent Freeze w/ Hal Singer, Cea Weaver

It's an EmMajority Report Thursday! She speaks with Hal Singer, economics professor at the University of Utah, to discuss Trump's recent tariff threats. Then, she speaks with Cea Weaver, tenant organizer with Housing Justice For All and director of the New York State Tenant Bloc, to discuss the rent freeze campaign the organizations are working on. First, Emma runs through updates on the US’ devastating jobs numbers as Trump plans to cut more federal workers, DOJ’s threat to USAID workers, the dropping stock market, Trump’s attack on the DOE, the GOP’s attack on Medicaid, the censuring of Al Green, Senate Dems’ decision to overturn Biden’s crypto regulations, Trump’s attacks on Ukrainian refugees and Gaza, Smotrich’s visit to Washington, and Barnes and Noble's big labor wins, before watching James Comer attempt to discipline Ayanna Pressley for… submitting evidence about migrant lawfulness. Professor Hal Singer then joins, jumping right into an assessment of the “chaos and anxiety” spurred by the Trump Administration’s economic and employment policies of destroying the federal government, and the long-term ramifications of straight up deleting financial protections for Americans, before shifting to the topic of Trump’s indiscriminate tariffs, and his guiding strategy in all negotiations (domestic or foreign) of all stick-no carrot. After expanding on the shady relationship between Trump and his Big Tech crypto backers – particularly in the wake of an announced crypto reserve – and the dearth of economic theory to back his ongoing agenda, Professor Singer wraps up by highlighting the Democratic Party’s need to return to policies centered on uplifting the working class’ economic and labor power. Next, Cea Weaver and Emma dive deep into the ongoing push for a rent freeze for NYC’s nearly one million rent-stabilized units, walking through the role it has already played among the Democratic primary in this year’s Mayoral race, with myriad candidates coming out in support of a data-backed plan to reverse the tide of overwhelming rent inflation that has been, and threatens to continue to push out native, working-class New Yorkers. After expanding on the diverse and expansive coalition of constituents involved in this fight, and exploring how, exactly, rent-stabilized units are hit by rent inflation (hint: Andrew Cuomo), Weaver wraps up with a final assessment of the current state of the NYC Mayoral race, and what a ranked ballot could look like.

And in the Fun Half: Emma is joined by Matt Binder as they work through an early assessment of 2028 Democratic hopefuls in the wake of Gov. Gavin Newsome’s insane decision to debut his podcast via an amicable interview with Charlie Kirk, Kowalski from Nebraska gives an in-depth agricultural and economic update, and John from Montreal unpacks the torpedoing trust and approval of the United States abroad. The MR Team also watches noted crypto hawk Kirsten Gillibrand refuse to condemn Andrew Cuomo, and dissects the censuring of Al Green with ten Democrats voting across party lines, plus, your calls and IMs!

Follow Hal on Twitter here: https://x.com/HalSinger

Follow Cea on Twitter here: https://x.com/ceaweaver

Find out more about Housing Justice For All here: https://housingjusticeforall.org/

Find out more about the New York State Tenant Bloc here: https://tenantbloc.org/

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