The White House plans to promote Trump card and 401 (k) home purchase plan to alleviate housing burden

The Director of the National Economic Council, Hassett, stated that the White House is collaborating with large banks to launch a new credit card product called the "Trump Card" and is studying the possibility of allowing the use of 401 (k) retirement accounts to make down payments on homes through executive orders, while restricting institutional investors from purchasing single family homes to address housing affordability issues. Trump is expected to announce relevant policies during Davos.