NEW YORK, Nov 13 (Reuters) – Rising living costs and expanding home ownership were among the issues U.S. President Donald Trump and top Wall Street executives discussed at Wednesday’s White House dinner, according to two people with knowledge of the event.
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They also exchanged ideas around trading and market reforms and immigration, one source said.
A White House official did not immediately respond to a request for comment.
Trump, who gave a speech at the dinner, has focused on the cost of living after a string of defeats for Republican candidates in last week’s elections, while insisting that any higher costs were triggered by former President Joe Biden’s policies. Democratic wins in New Jersey, New York and Virginia revealed voters’ concerns over ongoing inflation, which economists say has been fueled in part by high import tariffs imposed by Trump.
Mortgages and affordability have been hot topics for the administration in recent days. It has pledged to contain long-term U.S. Treasury yields, which help set lending rates.
Benchmark 10-year yields have declined nearly 50 basis points so far this year, partly due to slower economic growth and fiscal and debt management policies that have eased bond investors’ most pressing concerns about the ballooning U.S. government debt.
Living costs, mortgages on the menu at White House dinner with top execs, sources say
