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Politics

Trump says he needs authorities to purchase $200B in mortgage bonds

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Last updated: January 8, 2026 10:40 pm
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WASHINGTON (AP) — President Donald Trump stated on social media Thursday that he’s directing the federal authorities to purchase $200 billion in mortgage bonds, a transfer he stated would assist scale back mortgage charges at a time when Individuals are fearful about house costs.

Trump and the White Home have been making an attempt to point out they’re responding to voter issues about affordability forward of midterm elections in November.

Trump final month stated he deliberate to unveil housing reforms — and on Wednesday he stated he needs to block institutional traders from shopping for homes.

This can be a growing story; verify again for updates.

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