President Donald Trump’s expected proposal to allow Americans to tap their 401(k) retirement accounts without penalties to fund down payments could ease one of the biggest barriers to homeownership, but it could come at the cost of weakening long-term retirement security.

The idea was absent from Trump’s speech on Wednesday at the World Economic Forum in Davos, Switzerland. Instead, the president pointed to record equity-market gains as evidence that Americans are financially better positioned.

“Since the election, the stock market has set 52 all-time high records — that’s in one year, 52 records — adding $9 trillion details ⇒

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