🚨 UPDATE: Treasury Secretary SCOTT BESSENT is urging Jerome Powell and the Fed to stop strangling American homebuyers and finally cut interest rates - or risk worse inflation. "If we keep constraining home building, then what kind of inflation does that create 1-2 years out?" "A [rate] cut here could facilitate a boom or a pickup in home building, which will keep prices down one, two years down the road." High interest rates are strangling homebuyers. @Pulte has said this repeatedly. CUT THE RATES, JEROME!