(The Center Square) – A law passed in 2023 that sought to consolidate applications for California’s affordable housing developers received scrutiny from lawmakers on Tuesday, who looked at how effective the law has been in its first two years.

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While President Trump projected confidence, the White House was haunted during the latest round of tariff turmoil by the possibility of a “bond market death spiral.” Having worked as a venture capitalist before entering politics, Vice President J.D. Vance had previously regarded the phenomenon as one of his greatest concerns.