Trump Refuses to Sign Housing Affordability Bill & Wendy’s Soars Thanks to Reddit Traders artwork

Trump Refuses to Sign Housing Affordability Bill & Wendy’s Soars Thanks to Reddit Traders

Morning Brew Daily

June 25, 2026

#875: President Trump suddenly cancels the signing of a landmark housing bill that was set to lower costs. The French are suffering one of the hottest heatwaves on record. A viral post on WallStreetBets sends Wendy’s stock to soar.
Speakers: Neal Fryman, Toby Howell
**SPEAKER_1** (0:01)
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**Neal Fryman** (0:30)
Good Morning Brew Daily show. I'm Neal Fryman.

**Toby Howell** (0:33)
And I'm Toby Howell.

**Neal Fryman** (0:33)
Today, France rethinks its lack of air conditioning after temperatures shatter records.

**Toby Howell** (0:38)
Then why did Wendy's stock suddenly gain 40 percent yesterday? It's Thursday, June 25th. Let's ride.

**Neal Fryman** (0:49)
Good morning and happy half Christmas, June 25th. OK, here's a question. Have you ever scrolled through food delivery options just because you were bored and have no intention of actually ordering food?
Now there's an app for that. In South Korea, an app called Food Never Comes has gone viral. That does exactly what its name suggests. You can browse different restaurants, weigh your dinner options. But at the end of the day, when you hit order, no food is ever prepared or delivered. According to Fast Company, it's part of a growing number of so-called dopamine sites in Korea that give you a shopping high without you actually paying for anything. People were divided on social media with some saying it could curb shopping addiction, but others calling it dystopian. One viral post compared it to playing pretend for adults. They wrote, we're basically experiencing play shopping like a child again.

**Toby Howell** (1:37)
People likened it to drinking non-alcoholic beer. You basically get the same experience and scratch the it without actually indulging in the bad parts of it. But I think you take it a step further when you order. Instead of not charging you, they should send the money to a savings account so you're truly killing two birds with one stone.

**Neal Fryman** (1:58)
I don't get this. This is insane.
I would never spend time on a food delivery app without ordering any food. That seems like the biggest waste of time.

**Toby Howell** (2:08)
I'm trying to think what apps I open for a dopamine hit. And I think it's usually just like ESPN, like anything going on.

**Neal Fryman** (2:15)
It's not a dopamine hit. You're finding out information.

**Toby Howell** (2:18)
I guess you're just bored.

**Neal Fryman** (2:18)
This is completely useless. So it has divided opinion in South Korea, but I guess this is a growing trend. Dopamine sites, they just open up for that dopamine hit and you're not spending any money. And now a word from our sponsor, ServiceNow.
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On Tuesday, the House passed a bipartisan housing bill. The White House hyped as, quote, one of the most significant pieces of housing affordability legislation in American history. On Wednesday, less than two hours before he was supposed to sign it, President Trump canceled the ceremony. It's been a dizzying 48 hours for this bill, which indeed would be the most comprehensive housing affordability law in a generation. The main objective is to bring down costs by removing red tape for home builders, incentivizing construction and limiting Wall Street investors from scooping up supply.
It was applauded by economists and in something you do not see in Washington, DC these days, supported overwhelmingly by both parties. It cleared the Senate 85 to 5 and the House 358 to 32, and Trump was supposed to sign it in a big ceremony Wednesday at noon. But the president decided to throw a Clayton Kershaw curveball into the mix. In a series of social media posts on Wednesday morning, he declared he wouldn't sign the housing bill until Congress passed a law that tightens voter registration laws around the country. He said the housing legislation was quote, of minor importance compared to lower interest rates, and it pales in comparison to passing the Save America Act, which is the voter ID law. So Toby, applaud twist, nobody saw it coming. But while the bill remains in limbo, it's a great opportunity to talk about what's in it and how it aims to bring down housing prices.

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