Bessent says Trump administration will tackle high housing costs with new measures
The Trump administration plans measures like standardized zoning codes and tariff breaks to tackle housing affordability before the 2026 midterms, addressing supply and cost challenges.
- Trump administration is considering declaring a national housing emergency in the fall to address affordability issues.
- The administration is exploring measures like standardizing zoning codes, reducing closing costs, and granting tariff exemptions on construction materials.
- While lower interest rates may ease some price pressures, they are unlikely to fix supply shortages, with existing home sales down sharply from 2022 levels.
20 Articles
20 Articles
Bessent says Trump administration will tackle high housing costs with new measures
President Donald Trump's administration plans new measures to tackle the high cost of housing in the coming weeks, U.S. Treasury Secretary Scott Bessent told Reuters in an interview on Monday.
Trump Administration Targets Soaring Housing Costs
Trump Administration Targets Soaring Housing Costs In response to climbing housing costs, the Trump administration is preparing to roll out new initiatives, according to U.S. Treasury Secretary Scott Bessent. Emphasizing the gravity of the issue, Bessent labeled it an 'all hands on deck' situation.Amidst dwindling housing supplies and escalating prices, Bessent hinted during an interview with the Washington Examiner that President Trump might de…


Bessent predicts ‘big economic pickup in 2026’ and possible national housing emergency declaration this fall
EXCLUSIVE — Treasury Secretary Scott Bessent says that President Donald Trump may declare a national housing emergency in the coming months. Since entering office, Trump has declared nine national emergencies, allowing him to expand his executive powers to address issues…
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