Trump-backed housing overhaul targeting Wall Street investors clears Senate

The Senate passed a Trump-backed housing package aimed at preventing the U.S. from becoming a 'nation of renters' by blocking investors from buying housing stock and increasing affordable housing construction. The 21st Century Road to Housing Act includes provisions to streamline regulations, launch grant programs, and address housing supply, though it does not allocate new federal funding. Key supporters include Sen. Elizabeth Warren and Sen. Bernie Moreno.