'Very confident' interest rates will be lowered: William Pulte

• Pulte criticizes Fed Chair Jerome Powell for not lowering interest rates despite data, stating a new Fed chair is needed.
• President Trump is deploying $200 billion to support the mortgage market and signed executive orders to loosen homebuilding regulations.
• Trump's administration is focused on removing red tape and unnecessary mortgage regulations at local and community bank levels to unleash financing.
• Trump is pushing to ban large Wall Street investment firms from buying single-family homes, emphasizing 'homes are for families, not corporations'.

William Pulte, U.S. Federal Housing Director, expressed confidence that interest rates will be lowered, despite the Fed holding firm. He highlighted President Trump's efforts to reduce borrowing costs through executive orders, loosen housing regulations, and limit large Wall Street investment firms from buying single-family homes, aiming to restore the 'American Dream' of homeownership.