A former Trump Treasury official is sounding the alarm about proposed restrictions on corporate home purchases, warning that heavy-handed government intervention could make America's housing crisis even worse for working families.
Michael Faulkender, who served as Deputy Treasury Secretary under President Trump's first administration, told Fox Business Network's "The Bottom Line" on Thursday that restrictions on companies buying homes make him "pretty nervous" about unintended consequences.
While populist anger at Wall Street firms and foreign investors snatching up single-family homes is understandable, Faulkender argues the real solution isn't government micromanagement—it's unleashing American productivity to build more homes.
"The key is to increase supply," Faulkender emphasized, echoing the free-market principles that drove Trump's first-term economic boom.
This puts conservatives in an interesting position. On one hand, patriots are rightfully furious watching BlackRock and Chinese investors price out American families from homeownership. On the other hand, true constitutional conservatives know that government picking winners and losers in the marketplace rarely ends well.
Faulkender's concerns reflect a broader debate within the America First movement: How do we protect American families without expanding the same federal bureaucracy that's been weaponized against us?
The housing affordability crisis has reached breaking point under the failed policies inherited from the Biden regime. Mortgage rates skyrocketed, construction was strangled by green tape, and corporate buyers swooped in while regular Americans were priced out.
But smart conservatives know the answer isn't more government control—it's removing the regulatory barriers that prevent American builders from constructing affordable homes at scale.
President Trump's second-term agenda focuses on unleashing American energy, cutting red tape, and putting America First in trade deals. These policies could naturally reduce corporate speculation in housing while empowering American families to achieve the dream of homeownership.
The question for patriots is clear: Do we want Washington bureaucrats deciding who can buy what, or do we want free markets that work for American families instead of Wall Street speculators?