The White House plans to launch the "Trump Card" and housing-related reforms, initiating a 401(k) home purchase program
PANews, January 16—According to Golden Ten Data, the Director of the U.S. National Economic Council, Hassett, stated that the White House is working with major banks to launch a new credit card product called the “Trump Card.” They are also exploring the possibility of allowing 401(k) retirement accounts to be used for home down payments through executive orders, while restricting institutional investors from purchasing single-family homes to ease housing affordability issues. Trump is expected to announce the relevant policies during Davos.
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