WASHINGTON, March 9 -- Sen. Jack Reed issued the following press release:
After years of Democrats pushing to make homeownership more affordable and accessible for working individuals and first-time buyers, President Trump seemingly got on board this year.
On January 7, President Trump announced a major policy shift that he was "immediately taking steps to ban large institutional investors from buying more single-family homes (https://truthsocial.com/@realDonaldTrump/posts/115855059527504524)."
On January 20, 2026, President Trump signed an executive order (https://www.whitehouse.gov/presidential-actions/2026/01/stopping-wall-street-from-competing-with-main-street-homebuyers/) stating: "To preserve the supply of single-family homes for A...