US EditionBessent says Trump administration will tackle high housing costs with new measures
The Trump administration plans to use zoning reform, tariff exemptions, and lower closing costs to tackle housing affordability as a key issue for the 2026 midterm elections.
- U.S. Treasury Secretary Scott Bessent stated that the Trump administration may declare a national housing emergency in the fall to address rising housing costs and supply issues.
- The administration is exploring options like standardizing zoning laws and lowering closing costs as potential measures.
- Bessent emphasized that the administration aims to improve affordability without overriding local government control or processes.
- The proposed national housing emergency relates to making housing affordability a key issue for the Republican platform in the upcoming elections.
33 Articles
33 Articles
Trump may declare 'housing emergency' in bid to boost GOP for 2026 midterms
Treasury Secretary Scott Bessent revealed Monday that Donald Trump is weighing a declaration of a “national housing emergency” this fall, a move critics say is aimed less at solving the affordability crisis than at boosting GOP chances in the 2026 midterms. The Trump administration has faced backlas...
What Trump Declaring a National Housing Emergency Would Mean
President Donald Trump may declare a national housing emergency this fall, said Treasury Secretary Scott Bessent. The move would tee up housing affordability as a key issue ahead of the 2026 midterm elections, which appear to be top of mind for the Trump Administration as redistricting fights play out in several states. It would be the first national emergency related to housing declared since the collapse of the housing bubble drove the U.S. in…
President Trump May Declare "National Housing Emergency," Bessent Says * 100PercentFedUp.com * by Danielle
Treasury Secretary Scott Bessent said President Trump may declare a national emergency to tackle soaring housing costs for Americans. “We may declare a national housing emergency in the fall,” Bessent told the Washington Examiner. According to the outlet, Bessent said housing “affordability” will be a key focus for the Trump administration heading into the 2026 midterm election. Bessent says Trump may declare a national “housing emergency” with…
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