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Trump to use Davos speech to lay out how he'll make housing more affordable

Trump to use Davos speech to lay out how he'll make housing more affordable


Trump to use Davos speech to lay out how he'll make housing more affordable

WASHINGTON — President Donald Trump plans to use a key address Wednesday in Davos Switzerland to try to convince Americans he can make housing more affordable.

On the anniversary of his inauguration, Trump is flying to the World Economic Forum in Davos — an annual gathering of the global elite.

Trump's attention in his first year back has been less on pocketbook issues and more fixed on foreign policy with conflicts in Gaza, Ukraine and Venezuela. He is now focused on acquiring Greenland to the chagrin of European allies — a headline likely to dominate his time in Davos, overshadowing his housing ideas.

Trump noted the Europeans' resistance, telling reporters Monday night, "Let’s put it this way: It’s going to be a very interesting Davos.”

The White House has tried to shift Trump's focus to affordability issues, a response to warning signs in the polls in a year where control of Congress is at stake in midterm elections.

One of the biggest concerns for voters is the clost of housing. In recent weeks, Trump has floated proposals like reducing interest rates on home loans by buying $200 billion in mortgage debt and banning large financial companies from buying homes.