Trump Considering Housing Emergency Declaration This Fall: Bessent

‘I think everything is on the table,’ Treasury Secretary Scott Bessent said in a Labor Day interview.
Trump Considering Housing Emergency Declaration This Fall: Bessent
Townhouse for sale in Elkridge, Md., on Sept. 27, 2024. Madalina Vasiliu/The Epoch Times
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President Donald Trump is thinking about declaring “a national housing emergency in the fall,” Treasury Secretary Scott Bessent has said.

In a Labor Day interview with the Washington Examiner, Bessent stated that the administration is considering a list of measures to bolster supply and cut housing costs, including possible tariff exemptions on construction materials. They are also studying tactics to standardize local building and zoning codes, the finance head said.
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."