Bessent predicts ‘big economic pickup in 2026’ and possible national housing emergency declaration this fall

Bessent predicts ‘big economic pickup in 2026’ and possible national housing emergency declaration this fall


EXCLUSIVE — Treasury Secretary Scott Bessent said President Donald Trump may declare a national housing emergency in the coming months.

Since entering office, Trump has declared nine national emergencies, allowing him to expand his executive powers to address issues such as immigration and trade. He also declared a “crime” emergency in August to tackle violent crime in Washington.

Bessent joined the Washington Examiner for an interview and a breakfast on Labor Day at McLean Family Restaurant — the first of his three “diner” stops across the greater Washington metropolitan area on Monday to highlight the “No Tax on Tips” provision included in the One Big Beautiful Bill Act that Trump signed into law on July 4.

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The Trump administration hopes to make “affordability” a critical leg of Republicans’

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