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Trump's Housing Plan Faces Challenges from Fed Nominee Warsh

2/10/2026

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Summary

Story summary

U.S. President Donald Trump prioritizes housing affordability in his economic plan to lower mortgage rates.
He has named Kevin Warsh as a candidate for Federal Reserve leadership.
Warsh has criticized the Fed's large balance sheet of $6.6 trillion in Treasuries and mortgage-backed securities.
Warsh pursuing a significant reduction of the balance sheet could raise mortgage rates and undermine Trump's housing goals.

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Story summary

U.S. President Donald Trump prioritizes housing affordability in his economic plan to lower mortgage rates.
He has named Kevin Warsh as a candidate for Federal Reserve leadership.
Warsh has criticized the Fed's large balance sheet of $6.6 trillion in Treasuries and mortgage-backed securities.
Warsh pursuing a significant reduction of the balance sheet could raise mortgage rates and undermine Trump's housing goals.