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A solid report this morning underscoring that our focus should now be on sustaining the progress we've made for American workers: growing the economy, creating jobs, and lowering costs. And President Donald J. Trump and Vice President JD Vance have a plan to do just that.

Today HUD updated its national building code! Governing factory-built homes on a permanent chassis, it's unique as the only national building code. Great news, it will allow: -4 units per structure (!) -Multistory designs -Better materials & layouts -Less red tape (AC waivers)

This week is an important economic turning point, with inflation nearing normal levels and the focus shifting to safeguarding historic labor market progress that has dramatically exceeded almost all forecasts. Full remarks from NEC Director Brainard here: whitehouse.gov/briefing-room/…

"[W]hile the IRS has the resources it needs between now and December... the Administration will oppose any cuts or restrictions on the IRS in final appropriations legislation which would limit the IRS’s ability to crack down on wealthy tax cheats..." whitehouse.gov/wp-content/upl…

New report: 4.2 million small biz owners & entrepreneurs have health coverage through the ACA. But the Congressional GOP plan to end ACA Premium Tax Credits would increase their premiums and raise taxes, including for those earning less than $400,000. whitehouse.gov/briefing-room/…

Since inflation's peak, inflation has declined as projected, but the economy grew faster and we added millions more jobs than projected. Forecasters said we'd need growth to grind to a halt and the loss of a million jobs. Instead, we've seen 3% growth and nearly 7 million jobs.

Excited to have Deputy Treasury Secretary Wally Adeyemo in Slow Boring today talking about what the federal government is already doing to boost housing supply and how the Federal Home Loan Banks could be doing more. slowboring.com/p/how-the-gove…

Live from the Diamond and Department of Housing and Urban Development Mortgage Market Resilience and Access to Credit Summit: A fireside chat on Strengthening Mortgage Market Liquidity and Access to Credit is being moderated by David Dworkin, President/CEO of the NHC.

TBT, as they say

Happy two year anniversary.

#NovocoLIHTC keynote speaker Daniel Hornung Archived expresses enthusiasm about bipartisan political momentum to increase affordable housing supply during a discussion with Michael Novogradac. "It could have a positive impact on the challenges of housing in this country."

President Biden will join us at Brookings tomorrow to reflect on his administration’s middle-out, bottom-up economic playbook and the future of the American economy. Tune in for his remarks at this link: brookings.edu/events/growing…

Final Housing Supply Action Plan announcements: awarding $100M to communities breaking down barriers to housing & approving the first residential transit-oriented-development loan under DOT’s low cost lending program, with 13,000 units now in the pipeline. whitehouse.gov/briefing-room/…

It's been an enormous privilege & honor to work at the National Economic Council these last four years. Hugely grateful to Brian Deese Lael Brainard David Kamin Aviva Aron-Dine & many more. At some point (but not right away), I'll be back at Daniel Hornung. Follow me there.