In a busy week of news, several key developments are worth noting. A proposed second-home tax in a prominent US state has suffered a significant setback, dealing a blow to those pushing for increased revenue and affordable housing. Meanwhile, a key waiver under the Jones Act, a maritime law that restricts foreign shipping in US waters, has been extended, potentially impacting trade and commerce. Additionally, prominent New York Times columnist Ross Douthat has announced his departure from the paper, marking the end of an era for his influential opinion column. These and other stories are among the top headlines to watch this week.
Plus: A setback for Mamdani's second-home tax, Jones Act waiver extended, Ross Douthat's final column, and more...