Surging stock market, Trump policies boost wealth for top 1%
The richest 1% now hold 31.9% of U.S. wealth, the highest share the Fed has recorded since 1989, as a CBPP analysis finds Trump's tax law will hurt 70% of households by 2034.

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Tim Henderson covers demographics for Stateline. He has been a reporter at the Miami Herald, the Cincinnati Enquirer and the Journal News. Stateline is part of States Newsroom, the nation’s largest state-focused nonprofit news organization.
The richest 1% now hold 31.9% of U.S. wealth, the highest share the Fed has recorded since 1989, as a CBPP analysis finds Trump's tax law will hurt 70% of households by 2034.

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While affordability has improved slightly, first-time buyers still face a shortage of starter homes, with the median buyer age hitting 40 as families turn to multi-generational living.

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