Congress enters major week for housing bill amid clash between chambers
Lawmakers are facing a critical week as they attempt to reconcile differences between the House and Senate versions of a bipartisan housing bill. The House has proposed amendments that have drawn both support and criticism, complicating the legislative process. With the House set to leave after this week, the urgency to pass the bill is heightened, but disagreements over key provisions remain.
- ▪The House released a revised version of the 21st Century ROAD to Housing Act, which has faced pushback from the Senate.
- ▪The White House and President Trump urged the House to pass the Senate version without changes.
- ▪Key changes in the House version include a ban on institutional investors purchasing single-family homes, which has been met with mixed reactions.
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It is crunch week for lawmakers on Capitol Hill working to pass bipartisan housing legislation, but there is much uncertainty given differences with the legislation in the House and the Senate. Last week, the House released a revised version of the 21st Century ROAD to Housing Act, housing legislation that already passed the Senate in an overwhelming vote, but that lawmakers in the House and several outside groups had major issues with. Recommended Stories China to buy billions worth of US soybeans after Trump complaints Eric Trump says he plans to sue Jen Psaki over MS Now monologue House pushes for vote on amended housing bill next week HILL REPUBLICANS SEE URGENCY IN PASSING HOUSING BILL AHEAD OF MIDTERM ELECTIONS Ahead of the revised legislation, the White House and President Donald…
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