Trump looked set to tout new housing legislation. Instead he says it’s ‘of minor importance’ and canceled a signing…

Trump looked set to tout new housing legislation. Instead he says it’s ‘of minor importance’ and canceled a signing ceremony.

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Economy & Politics

With midterm elections nearing, the president had been expected to highlight how the measure focuses on Wall Street and affordability

Published: June 24, 2026 at 12:06 p.m. ET

President Donald Trump was expected to celebrate a new housing package with Democratic and Republican lawmakers — especially a provision about banning big investors from owning single-family homes.

Analysts have been predicting that Trump and congressional Republicans would tout the measure as an “affordability win” as November’s midterm elections get closer.

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About the Author

Victor Reklaitis is a Washington Correspondent for MarketWatch. During his time at MarketWatch, he also has served in roles in the London and New York newsrooms. Prior to joining MarketWatch, he worked at Investor’s Business Daily and for newspapers in Virginia.