Congress approved the 21st Century ROAD to Housing Act with large bipartisan majorities, sending it to President Trump for a Capitol signing. The bill aims to increase housing supply, streamline reviews, expand financing and limit some institutional purchases of single-family homes.
Posts tagged as “Maxine Water”
The House approved the 21st Century ROAD to Housing Act in a 358-32 vote, sending the bipartisan housing affordability package to President Trump. The bill seeks to boost home construction, streamline rules and restrict large institutional investors from buying more single-family homes.
The Senate passed the 21st Century ROAD to Housing Act in an 85-5 vote, sending a bipartisan housing affordability package to the House. The bill seeks to expand housing supply, streamline construction and limit large investors’ purchases of single-family homes.
Senate Majority Leader Chuck Schumer and Rep. Maxine Waters have both rid themselves of campaign contributions related to the Silicon Valley Bank collapse, which has raised questions about the role of Congress in the financial crisis. The 2018 law intended to provide relief to smaller banks was interpreted generously by the Federal Reserve, and Congress may take further action to ensure banks are held to a higher standard of oversight and safety.
Rep. Maxine Waters (D-Calif.) has called out Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (I-Ariz.) for their opposition to abandoning the filibuster, which has hindered Democrats' ability to pass police reform and other legislation. Protests and vigils are continuing in response to the incident, but the future of police reform remains uncertain.