Slate Money | The Correct Opinion on 50-Year Mortgages

Slate News

Slate Podcasts

News, News Commentary, Politics

4.6 • 6K Ratings

🗓️ 15 November 2025

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week: FHFA director Bill Pulte convinced Trump to back 50-year mortgages with some posterboard and a photo of FDR. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss why Trump’s post about 50-year mortgages angered conservatives – officials and voters alike – and why they’re more of a hindrance than a solution to the housing crisis. Then, the White House is considering limiting the power of proxy advisers and index-fund managers on shareholder voting. The hosts explain what this would mean for shareholders and how billionaires like Elon Musk and Jamie Dimon, vocal opponents of these firms, stand to gain even more power if they do. Then finally, Robinhood has announced a new service that delivers cash to your door and the hosts ponder the use cases and mechanics of such a thing. In the Slate Plus episode: Can You Do That With a Comma? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Get 50% Off Monarch Money, the all-in-one financial tool at ⁠www.monarchmoney.com/SLATE⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello, welcome to Slate Money, your guide to the Business and Finance News of the Week.
0:13.7	I'm Felix Salmon of Bloomberg. I'm here with Elizabeth Spires of New York Times.
0:18.0	Hello.
0:19.0	I'm here with Emily Peck of Axios.
0:21.6	Hello, hello.
0:22.6	And we are going to talk about 50-year mortgages this week, whether they are a good
0:28.1	idea or whether Congress is onto something when they say they are a bad idea.
0:34.5	We are going to talk about ISS and Glass Lewis and shareholder proxy advisory firms and whether they are a good thing or a bad thing.
0:44.3	We are going to talk about bags of cash.
0:49.3	Good thing or bad thing.
0:50.3	Good thing or bad thing.
0:52.3	If you're pro bags of cash or anti-bags of cash,
0:57.7	stay tuned to find out whether we agree with you.
1:01.2	We have a Slate Plus segment on an angle.
1:06.3	Apropos, the Jeffrey Epstein emails that you might not have really gone into a lot of,
1:12.1	given a lot of thought to,
1:15.6	but I will say that share appears somewhere in the segment.
1:18.1	But not any emails as far as we know.
1:19.9	But not any emails as far as we know.
1:21.1	So maybe that gives you a clue.
1:31.4	It's all coming up on Sleep money. So I want to start this week by talking about 50-year mortgages, because this is the perfect
1:39.2	overlapping of personal finance and policy and all of the nerdy stuff that we love
	...

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