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Scott Bessent: “There have been no advances in housing technology in 50 or…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Treasury Secretary Scott Bessent's America 250 Address: Economic Statecraft, Tariffs, and the Dollar

Published | Video Starts at 55:13

I think something that will be important is changing the nature of prefab housing, manufactured housing, the technology in housing, some of it goes back to a lot of the regulations go back to the Chicago Fire. There have been no advances in housing technology in 50 or 100 years. And we are hoping to be able to put out an all of government approach approach to try to standardize not zoning standards by municipality, but building standards. (55:13–55:18)

CLAIM

Asserts that housing technology has not significantly advanced in the past 50 to 100 years.

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