U.S. Treasury Secretary: "President Trump Considering Declaration of Nationwide Housing Emergency"

U.S. Treasury Secretary Scott Bessent said President Donald Trump may declare a nationwide housing emergency within months.

On the 1st (local time), according to Watcherguru, Secretary Bessent said recent sharp rises in U.S. housing prices and supply shortages have intensified housing insecurity for ordinary citizens, and that declaring a state of emergency is being discussed as a response.

He said, "The housing crisis is not simply a market issue but a serious matter directly tied to people's lives," and added, "President Trump is considering strong federal-level intervention."

If a state of emergency is actually declared, a wide range of measures such as additional budget allocations and regulatory relaxation could be implemented.

Earlier, the Trump administration had been preparing measures such as easing financial regulations and expanding housing for low-income households to respond to instability in the housing market.