Plus, measuring the U.S. housing supply shortage, and opportunities and challenges in Africa’s financial services sector.
Trump and the future of the bipartisan infrastructure law President Joe Biden regularly boasted that it was his administration and the 117th Congress who initiated America’s “infrastructure decade” through the bipartisan Infrastructure Investment and Jobs Act (IIJA), often needling former President Donald Trump for failing to deliver on his “infrastructure week” promises. However, the Trump administration and the new Congress will now have opportunities to put their own stamp on the historic law in its final two years. Adie Tomer and Ben Swedberg outline how much money is left to be spent, political takeaways from the Biden administration’s awards, and what the future of the IIJA is inside and outside Washington, D.C. | More research and commentary Measuring the U.S. housing supply shortage. Though experts widely agree that a long-run housing supply shortage is a key driver of housing unaffordability in America, there is less consensus on the scale of the shortage. Elena Patel, Aastha Rajan, and Natalie Tomeh examine the data and offer their own calculation of the supply shortage. Transforming the financial services sector in Africa. Advanced technologies are providing unprecedented opportunities for Africa to improve business performance and connect millions of unbanked people to financial services. Landry Signé discusses areas of growth and challenges for the continent. | About Brookings The Brookings Institution is a nonprofit organization based in Washington, D.C. Our mission is to conduct in-depth, nonpartisan research to improve policy and governance at local, national, and global levels. If you were forwarded this email, sign up for the Brookings Brief to stay updated on our latest work. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |