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Official portrait of Scott Bessent, Secretary of the Treasury

Tuesday, January 20, 2026

Day 366

1 documented win

Day 366Economy

Wall Street out of starter homes

The win

On the first anniversary in office, an order directed Treasury, HUD, and VA to keep large institutional investors from vacuuming up single-family homes, and to push federally backed sales toward owner-occupants.

For Americans

A 28-year-old bidding against a BlackRock LLC for a three-bedroom is why people think the American deal is broken. Restricting bulk buyers is a thumb on the scale for actual families.

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