Home>Articles>Trump Moves to Slash Housing Red Tape as Susie Lee’s Policies Help Drive Nevada Prices Sky High

Trump Moves to Slash Housing Red Tape as Susie Lee’s Policies Help Drive Nevada Prices Sky High

By TheNevadaGlobeStaff, March 16, 2026 2:03 pm

President Donald J. Trump announced a sweeping move to remove federal regulatory barriers that have long slowed the construction of affordable housing, a step the administration says will unleash new homebuilding and bring relief to families locked out of the market.

The White House says the effort targets layers of federal rules that inflate construction costs, delay projects, and make it harder for developers to build the kind of starter homes young families can actually afford.

The administration argues that for years Washington piled on regulations that strangled housing supply, driving prices higher across the country. The new push aims to reverse that by cutting red tape and encouraging faster, cheaper home construction.

In Nevada, where housing affordability has become one of the most explosive kitchen table issues in politics, the move lands with particular force.

Las Vegas has seen a surge of corporate buyers and hedge funds scooping up homes while new construction struggles to keep pace. The result has been a brutal squeeze on working families trying to buy their first home.

While the Trump administration moves to tear down federal barriers, Nevada Democrat Susie Lee has spent years backing the same regulatory mindset that helped create the shortage in the first place.

Lee frequently attacks corporate landlords in public. Behind the scenes, campaign finance records show she has taken money from Don Mullen, the Wall Street financier whose firm has grown into one of the largest corporate landlords in Nevada.

Mullen’s hedge fund has amassed thousands of homes nationwide, including a massive presence in Clark County, buying up properties while local families struggle to compete.

Lee even wrote federal regulators last year demanding more scrutiny of out of state corporate investors purchasing Nevada homes.

But when questions surfaced about her campaign donations from the foreclosure kingpin, Lee declined to respond.

The contradiction has not gone unnoticed as housing costs continue climbing across the Silver State.

The political stakes are rising fast.

Housing costs have become one of the defining economic pressures for Nevada voters. First time buyers are increasingly forced into bidding wars against corporate investors armed with billions in capital.

The Trump administration argues the solution is simple. Build more homes. Remove federal obstacles. Let the market produce supply again.

For voters in Nevada watching home prices soar while politicians trade talking points, the contrast is becoming impossible to ignore.

One side is trying to clear the path to build. The other helped create the traffic jam.

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