PANews reported on January 16th that, according to Jinshi Data, National Economic Council Director Hassett stated that the White House is working with major banks to launch a new credit card product called the "Trump Card," and is also exploring the possibility of allowing the use of 401(k) retirement accounts to pay for home down payments through executive order, while restricting institutional investors from purchasing single-family homes, in order to alleviate the housing affordability problem. Trump is expected to announce these policies during Davos.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.