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Trump turns to progressives for ideas on affordability [View all]
President Donald Trump is looking for unlikely allies as he rolls out a new agenda to try to address Americans' concerns about affordability and position Republicans for the midterm elections: progressives.
On Monday, he called Sen. Elizabeth Warren, D-Mass., after she delivered a speech excoriating her own party for being too cozy with its wealthy donors, according to Warren and White House press secretary Karoline Leavitt.
"I delivered this same message on affordability to him directly," Warren said. "I told him that Congress can pass legislation to cap credit card rates if he will actually fight for it. I also urged him to get House Republicans to pass the bipartisan ROAD to Housing Act, which passed the Senate with unanimous support and would build more housing and lower costs."
In recent days, Trump has renewed a campaign promise to cap credit card interest rates at 10% after having failed to push it in the first year of his term, vowed to ban large investors from buying up housing, and directed mortgage giants Fannie Mae and Freddie Mac to invest $200 billion in mortgage bonds.
On Monday, he called Sen. Elizabeth Warren, D-Mass., after she delivered a speech excoriating her own party for being too cozy with its wealthy donors, according to Warren and White House press secretary Karoline Leavitt.
"I delivered this same message on affordability to him directly," Warren said. "I told him that Congress can pass legislation to cap credit card rates if he will actually fight for it. I also urged him to get House Republicans to pass the bipartisan ROAD to Housing Act, which passed the Senate with unanimous support and would build more housing and lower costs."
In recent days, Trump has renewed a campaign promise to cap credit card interest rates at 10% after having failed to push it in the first year of his term, vowed to ban large investors from buying up housing, and directed mortgage giants Fannie Mae and Freddie Mac to invest $200 billion in mortgage bonds.
https://www.yahoo.com/news/articles/trump-turns-progressives-ideas-affordability-100043498.html
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