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PANews reported on January 16th that, according to Jinshi Data, National Economic Council Director Hassett stated that the White House is working with major banksPANews reported on January 16th that, according to Jinshi Data, National Economic Council Director Hassett stated that the White House is working with major banks

The White House plans to introduce the "Trump Card" and housing-related reforms, and launch the 401(k) home purchase program.

Author: PANews

Source: PANews

2026/01/16 20:54

1 min read

TRUMP$2.974-4.49%

WHITE$0.00008049+1.73%

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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.

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