Trump pulls back from 401(k) use for down payments
By: Bonnie Sinnock | Published: 2026-01-23 21:25:08 | Source: www.nationalmortgagenews.com
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President Trump is said to have expressed reluctance to back penalty-free use of tax-advantaged 401(k) funds for down payments as he returned from the World Economic Forum in Davos, Switzerland.
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Trump reportedly told representatives of news outlets like The Hill and USA Today who asked about the concept that he is “not a huge fan of” the diversion of funds from these accounts…
