Trump bans Wall Street firms from buying single-family homes to stabilize housing markets.

President Trump has signed an executive order restricting Wall Street firms from purchasing single-family homes, citing the need to protect the American dream and stabilize housing markets. The move aims to limit large financial institutions' influence in residential real estate, addressing concerns about rising home prices and reduced housing availability. The order takes effect immediately and applies to major investment firms, including BlackRock, which have increasingly invested in single-family homes through acquisition and rental strategies.