Bessent Under Fire for Suggesting a Flux of Purchased Homes Are 'for Retirement'
Treasury Secretary Scott Bessent defended a proposal to ban large investors from single-family homes while protecting retirees owning up to a dozen properties, amid criticism of being out of touch.
8 Articles
8 Articles
Treasury Secretary Blasted Over Out-Of-Touch Remark About How Many Homes People Buy For Retirement
Treasury Secretary Scott Bessent had people raising their eyebrows after he made an out-of-touch remark at the World Economic Forum about the number of homes people purchase for their retirement, claiming at a time when Americans are struggling with a nationwide cost-of-living crisis that some are purchasing as many as "12 homes" for their golden years.Bessent described the administration’s strategy to limit the role of large institutional buyer…
Idiot Scott Bessent Thinks Mom And Pop Retirees Own Up To 12 Homes
During a discussion on protecting single-family homes from large institutional investors with Fox News host Maria Bartiromo in Davos, Switzerland, Scott Bessent demonstrated yet again how much of an out of touch idiot he is with most of America by believing average retired "mom and and pop" investors own, "5, 10, 12 homes." This the the Ivory tower Trump's $500 million Treasury Secretary lives in. BESSENT: Institutional investors can deduct the…
Bessent under fire for suggesting a flux of purchased homes are 'for retirement'
Treasury Secretary Scott Bessent faced backlash over a video clip in which he suggests that some retiring Americans have purchased “five, 10, 12 homes.” Bessent spoke with Fox Business host Maria Bartiromo at the World Economic Forum Tuesday when he discussed President Donald Trump’s ban on large institutional investors buying single-family homes. He said that the ban doesn’t apply to individual buyers. “So the ban on institutional investors and…
Treasury Secretary mocked after suggesting 'mom and pop' investors own a dozen homes each
Treasury Secretary Scott Bessent was ridiculed for suggesting typical middle-class investors owned as many as a dozen homes.Fox Business host Maria Bartiromo asked Bessent during a forum Tuesday at the 2026 World Economic Forum about President Donald Trump's threat to ban “large institutional invest...
Treasury chief draws ridicule for wanting to protect Americans with '5, 10, 12 homes'
Secretary of the Treasury Scott Bessent was met with mockery after explaining he wants to protect “mom and pop” owners who have up to a dozen homes they’ve bought as retirement investments.Bessent and President Donald Trump have declared they want to ban large institutional investors from purchasing single-family homes as housing becomes more scarce and less affordable. “We are going to give guidance at some point to see what is a mom and pop, t…
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