Tearing down houses in the flood zone
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Recent flooding in Nashville has renewed the federal government's practice of buying and tearing down houses that are at risk. Plus, the Federal Reserve once again leaves interest rates near zero. Also, an update on how the global chip shortage is affecting carmakers and tech companies. And, the Justice Department reverses a Trump-era policy on cutting money to "sanctuary cities."
Segments From this episode
Chair Jerome Powell says the Fed is committed to its goals of 2% inflation and full employment.
The global chip shortage is getting worse for automakers and tech companies
Marketplace's Nova Safo has more.
For some jurisdictions, the grant money is the biggest source of federal law enforcement funding.
Those in areas prone to flooding are weighing whether it's better to stay in a home, or take a government buyout.