But Democrats believe that the individual stocks lack statutory authority and that the automatic enrollment could prevent savers with religious or other concerns with the stocks from opting out, House aides told Semafor.
—
Eleanor Mueller,
semafor.com,
7 Oct. 2026
Higher interest rates benefit savers but burden the less solvent with 20% credit card rates and expensive auto loans, and these are the consumers most likely to cut spending.
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