Wall Street’s Main Street Glitch

The Powers That Be: Daily

Bill Cohan joins guest host Leigh Ann Caldwell to unpack the so-called “Main Street glitch” in Trump’s Big, Beautiful Bill—a SALT provision that could saddle businesses with surprise tax hikes. They also discuss Trump’s growing sway over the markets, as traders bet on policy reversals, and Bill Ackman’s latest salvo against Harvard’s endowment practices.
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Bill Cohan joins guest host Leigh Ann Caldwell to unpack the so-called “Main Street glitch” in Trump’s Big, Beautiful Bill—a SALT provision that could saddle businesses with surprise tax hikes. They also discuss Trump’s growing sway over the markets, as traders bet on policy reversals, and Bill Ackman’s latest salvo against Harvard’s endowment practices.
2025-05-29 20 min
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