00:00It's Benzinga bringing Wall Street to Main Street.
00:02Trump plans to deliver a key address on Wednesday aimed at convincing Americans
00:06he can make housing more affordable as he travels to the World Economic Forum in Davos
00:10on the anniversary of his inauguration.
00:13The event places Trump among billionaires and global business leaders,
00:17as polls show voter frustration with affordability.
00:20About 6 in 10 U.S. adults say Trump has hurt the cost of living,
00:24according to an Associated Press and ORC survey,
00:26with dissatisfaction extending to Republicans.
00:30Housing costs remain a top voter concern as Trump has proposed lowering mortgage rates
00:34and restricting large firms from buying homes.
00:37But the passage states these ideas do little to address long-running housing shortages
00:41and prices rising faster than wages.
00:43The White House says Trump's relationships with business leaders are driving investment commitments.
00:49Critics argue his focus on billionaires and foreign policy
00:52has overshadowed housing and cost-of-living concerns ahead of the midterm elections.
00:56For all things money, visit Benzinga.com.
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