Trump sparks market shock with MAJOR marijuana move

Healthcare Policy and Legislation - The Trump administration and House Republicans are focusing on reducing healthcare costs, with a bill aimed at lowering costs by approximately 11% for some Americans as Obamacare subsidies are set to expire [2][3] - The proposed legislation allows small businesses to pool health insurance, which is expected to lower premium costs across the board [3] - There is a push against extending Obamacare, which has reportedly raised premiums by 55% since its enactment, advocating for funds to be redirected to taxpayers for personal healthcare choices [4][5] Government Funding and Shutdown Risks - The Senate is nearing a deal on a five-bill appropriations package that would fund 85-90% of the federal government through fiscal year 2026, following the expiration of current funding at the end of January [2] - The potential for another government shutdown looms if the extension of Obamacare subsidies is not resolved, with discussions ongoing about the necessity of a compromise [6][16] - The House has passed a continuing resolution (CR), but the Senate's 60-vote threshold complicates the situation, leading to concerns about a repeat of previous shutdown scenarios [14][16] Cannabis Legislation - President Trump signed an executive order reclassifying cannabis as a schedule three drug, marking a significant shift in federal marijuana policy [17][19] - This change is expected to facilitate research on medical cannabis, which has been hindered due to its previous classification as a schedule one drug [19][21] - The reclassification has impacted cannabis stocks, with concerns that big pharmaceutical companies may enter the market, affecting existing cannabis producers [22] Federal Property Management - A new bill aims to address the issue of unused federal buildings, proposing that properties not utilized by more than 60% of federal workers should be sold to reduce taxpayer costs [24][26] - The initiative could also potentially convert these buildings into affordable housing, addressing supply issues in housing markets, particularly in areas like Washington D.C. and Florida [26][29]