White House Pushes Bill to Block Investors from Homes

The White House circulates draft legislation to ban large institutional investors like Blackstone from buying single-family homes, aiming to include it in a bipartisan housing bill and protect American families from Wall Street competition. This follows Trump's January executive order "Stopping Wall Street from Competing with Main Street Homebuyers," which directs agencies to halt federal support for such purchases, reviews antitrust issues, and prioritizes owner-occupants in foreclosures.