Trump announces emergency price relief for cost-of-living crisis

President Donald Trump signed an executive order on Jan. 20, aimed at reducing regulatory costs to make housing more affordable and address living expenses. The National Association of Realtors reports the median single-family home price at $410,900, with mortgage rates exceeding 6% for over two years.

Trump’s order targets health care costs and climate policies but lacks specific details on implementation.

The executive order aims to deliver emergency price relief and improve housing supply for American families.