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Bessent under fire for suggesting Americans purchased multiple homes ‘for retirement’

By Jenny Goldsberry
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Treasury Secretary Scott Bessent faced backlash over a video clip in which he suggests that some retiring Americans have purchased “five, 10, 12 homes.”

Bessent spoke with Fox Business host Maria Bartiromo at the World Economic Forum Tuesday when he discussed President Donald Trump’s ban on large institutional investors buying single-family homes. He said that the ban doesn’t apply to individual buyers.

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Tag:

Economy Real Estate Retirement Scott Bessent Treasury Department World Economic Forum