Bessent: Private equity firms won't have to sell single-family home rentals

Scott Bessent said that institutional investors won't have to sell current single family homes.

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• Scott Bessent clarified Trump's plan to ban Wall Street firms from purchasing homes.
• The proposal would prevent big investors from buying single-family homes, making them more affordable.
• Housing companies' stocks fell on Wednesday after Trump's post about the proposed ban.

Treasury Secretary Scott Bessent said that President Donald Trump's...