Trump's 'not a huge fan' of using 401(k) money to buy a home. Financial advisors aren't, either
CNBC·2026-01-27 13:57

The Good Brigade | Digitalvision | Getty ImagesPresident Donald Trump last week took exception to a proposal backed by one of his economic advisors to let Americans tap their 401(k) savings for home downpayments — an idea that many financial advisors also oppose."I'm not a huge fan. Other people like it," Trump told reporters on Thursday aboard Air Force One en route to Washington from Davos, Switzerland, where he had attended the World Economic Forum's annual meeting. Kevin Hassett, director of the Nationa ...