Subhead:Philipp Hildebrand, vice chairman of the world’s largest asset management firm, declined to weigh in on President Trump’s plan to block corporations from purchasing homes.#
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A top executive at the world’s largest asset management firm refused to comment on a new executive order signed by U.S. President Donald Trump.
“To preserve the supply of single-family homes for American families and increase the paths to homeownership, it is the policy of my Administration that large institutional investors should not buy single-family homes that could otherwise be purchased by families,” Trump said in the order, as reported by CNBC.
When pressed for comment on Trump’s plan by Rebel News publisher Ezra Levant, BlackRock vice chairman Philipp Hildebrand said nothing.
“What do you think of Trump saying no more corporation-owned houses, how does affect BlackRock?” Levant asked Hildebrand on the streets of Davos, where political and business leaders are gathering for the World Economic Forum’s annual summit in the Swiss Alps.
The Rebel boss continued to question the executive on the issue, though he was steadfast in his silence before heading into the Palantir building, a short walk from the WEF’s Davos headquarters.
