[The White House plans to launch the 'Trump Card' and housing-related reforms, initiating the 401(k) home purchase plan] According to Jin10 Data, Kevin Hassett, Director of the U.S. National Economic Council, stated that the White House is working with major banks to introduce a new credit card product called the 'Trump Card.' They are also exploring the use of executive orders to allow 401(k) retirement accounts to be used for housing down payments, while restricting institutional investors from purchasing single-family homes to alleviate housing affordability issues. Trump is expected to announce the related policies during the Davos forum.