Lawmaker says Trump could keep housing-cost pledge by backing Democratic bill in rare call for common ground
EXCLUSIVE: A Democratic lawmaker sponsoring legislation aimed at disincentivizing private equity and large investment firms from buying up single-family homes and driving working people out of the market is calling...
By Fox News · Fox News
EXCLUSIVE : A Democratic lawmaker sponsoring legislation aimed at disincentivizing private equity and large investment firms from buying up single-family homes and driving working people out of the market is calling on President Donald Trump to back her proposal, as the president prepares to unveil his own response to the crisis during appearances at the World Economic Forum in Davos this week. Trump recently posted to Truth Social his concern that homebuying – as the "pinnacle of the American Dream" – is no longer attainable for younger Americans and floated a ban on "institutional investors," saying that "people live in homes, not corporations." Sen. Tammy Baldwin, D-Wis., who, along with Sen. Raphael Warnock , D-Ga., and others drafted the " Stop Predatory Investing Act ," told Fox News Digital she will be personally asking Trump to back her bill that she said does exactly what he wants to do while coming from the opposite side of the political aisle. FIVE WAYS THE TRUMP ADMINISTRATION CAN SAVE THE AMERICAN DREAM AND PREVENT SOCIALISM "It's Wisconsin families who should be buying homes in our neighborhoods – not big, wealthy out-of-state investors," Baldwin said. "For too long, big corporations and wealthy private equity firms have been allowed to ‘gobble up’ single-family homes just to pad their pockets, driving up housing costs in our neighborhoods and locking families out of homeownership." "President Trump should make good on his promise and get behind my plan to crack down on Wall Street using Wisconsin communities to turn a profit and make housing more affordable for families." REPUBLICANS GET SERIOUS ON HOUSING CRISIS WITH HIGH-PROFILE CONSERVATIVE INFLUENCER LEADING THE CHARGE Trump teased that he would be mentioning the issue during his remarks at the World Economic Forum, the annual confab of wealthy globalist business and political interests held in Davos, Switzerland. Baldwin’s bill was first introduced several months ago, having last been referred t…