POLITICSJun 22 · 22:39 UTCFOX NEWS POLITICS

Trump-backed housing overhaul targeting Wall Street investors clears Senate

The Senate passed a Trump-backed housing overhaul aimed at increasing affordable housing and blocking Wall Street investors from buying housing stock. The 21st Century Road to Housing Act includes provisions to streamline construction, offer grants, and adjust lending standards, with bipartisan support but some House GOP resistance.

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Mentioned

Donald TrumppersonElizabeth WarrenpersonBernie MorenopersonHouse Financial Services CommitteeorganizationSenate Banking Committeeorganization21st Century ROAD to Housing ActorganizationWall Street investorstopicmanufactured housingtopic

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