US Treasury Secretary Yellen to announce new housing efforts as part of Biden administration push to lower housing costs - Statement

what time is the announcement?

Pushing the headline title hard before the presidential debate, so he has something to talk about .... What a bunch of clowns!

You CANNOT push housing prices... It's called inflation, so people are smart enough to buy hard assets... And you wanna PUSH prices? What pissed me off is they think that people are stupid enough to even listen to their verbal ejaculation!

However one feels about the political rhetoric and/or timing of such announcement(s), the basis of your argument isn't quite accurate. Technically, you CAN make housing more affordable, at least in the short term (which is all anyone who wants to buy a house today cares about).

Certain things have to pass in congress, but the the government could give a $50,000 credit to anyone who buys a house. They could offer higher tax deduction on mortgages. Any number of things. Smart to do? Unlikely. Realistically going to happen? Nah. Does it drive up home prices in the mid-to-long term?
Sure....but the sellers aren't going to increase their list price by the value of the program overnight.

All of this is to say, politicians promise whatever they can to stay in power. Sure, some of it is well-intentioned. But, the reality is that most of it is never even possible (at the very least, quite improbable). Kind of like the kid running for student body president on the promise of extending the lunch hour while the other says he/she intends to shorten the school day by 30 minutes....sounds great at a pep rally. Some of us knew it was a ridiculous 'promise', many actually thought that the winner would get it done....and the rest weren't even listening. Sound at all like our political system? :-)

That is what exactly those donkeys doing in the Whitehouse! They always think American people are stupid! Just look at this administration have done in the last 3.5 years! Exactly what Obama said: "Biden is really good in f**king things up!"

Everyone knows Biden is Obummer's puppet. That's not something to worry about. What worrisome is the dumbasses that follow the narrative. Nancy Pelosi doesn't stay in power by herself, there are plenty of people who put her there... I bet you those clowns have never lived a day out of their zip code or suffered under a communist regime. There is a reason why people would risk their lives to come to this country. You don't see those same people rushing to move to Venezuela or Cuba for instance Unfortunately, these commies are destroying the U.S from the inside and they're taking the rest of us with them.

However, at the end of the day, we are traders... we do not care what's going on in the world... Chaos creates cash!