"Econ 101: April 5, 2012"
Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.
- Wall Street is examining how it will benefit from the rolling back of regulations in the misnamed JOBS Act that President Obama plans to sign today. [New York Times]
- Republicans are in no rush to release the details of what tax loopholes they would supposedly close to pay for their budget’s proposed tax cuts. [Bloomberg]
- Spain may be leading a resurgence in the European debt crisis. [CNN Money]
- Despite the stock market being up by more than 75 percent under President Obama, 70 percent of money managers say a Republican president would be better for stocks. [CNN Money]
- Detroit successfully avoided a state takeover yesterday after coming up with a plan to restructure its finances. [Reuters]
- U.S. consumers have having an easier time paying off their debts, according to a new survey. [CNBC]
- Federal Housing Finance Agency head Edward DeMarco plans to decide this month whether his agency will allow Fannie Mae and Freddie Mac to write down loan amounts for troubled homeowners. [HousingWire]
- House Democratic leaders are ramping up their criticism of oil speculators. [The Hill]