The Trump administration has faced mounting pressure over the nation’s worsening housing affordability crisis. (Matthew Busch/Bloomberg/Getty Images)
"We are going to have a plan, a big plan, to announce sometime soon in the new year that's going to be very good news for the American people who feel like it’s not affordable to buy a home anymore," Hassett added.
He also said that Cabinet officials plan to meet with President Donald Trump at Mar-a-Lago in the days after Christmas to pitch and review policy proposals.
"We have a big list of housing ideas that have been vetted very carefully by the Cabinet secretaries to present to the president in a week or two and we will see which ones he picks," he added.
TRUMP'S 50-YEAR MORTGAGE MAY BURDEN AMERICANS WITH MORE DEBT, EXPERTS SAY
The administration’s push comes as housing affordability has become a political liability for Trump and a winning issue for Democrats.
According to a Fox News national survey, 76% of voters rate the economy negatively, compared with 67% in July and 70% at the close of former President Joe Biden’s tenure. Voters largely blame Trump for the downturn, with about twice as many holding him responsible for the current economy as Biden, and three times as many saying his policies have hurt them personally.
Zohran Mamdani, the next mayor of New York City, placed affordability at the center of his campaign to lead America's largest city. (Christian Monterrosa/Bloomberg/Getty Images)
They promised to curb energy costs, boost affordable housing and safeguard middle-class wages. The message struck a chord with voters and points to a broader reality: when many feel financially strained, the party that speaks most clearly to pocketbook concerns often wins.
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While Hassett declined to detail the proposals, the administration has previously discussed easing zoning restrictions and expanding longer-term mortgage products.
The challenge for Trump will be translating those ideas into relief for voters who increasingly question whether his affordability promises are being fulfilled.
Amanda covers the intersection of business and geopolitics for Fox News Digital.
https://www.foxnews.com/politics/white-house-teases-major-housing-affordability-plan-prices-squeeze-americans