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President Donald Trump called on the House to swiftly approve the Senate-passed 21st Century ROAD to Housing Act on Monday. Senior House lawmakers unveiled a modified version of the bill on Thursday that strikes a controversial build-to-rent provision and preserves a ban on central bank digital currencies through 2030.
theweek.comPresident Donald Trump called on the House to swiftly approve Senate-passed legislation aimed at easing housing affordability on Monday. The Senate passed the 21st Century ROAD to Housing Act in March with fewer than a dozen defectors. The legislative standoff comes as housing affordability legislation has languished in the House for several months.
Senior House lawmakers unveiled a modified version of the Senate’s 21st Century ROAD to Housing Act on Thursday. The modified House version of the housing bill is expected to receive a vote in the House as early as next week. Any changes to the Senate’s proposal would force the Senate to consider the measure again.
The House modified bill struck out a provision that would have required some developers to sell single-family homes built for the purpose of renting within seven years after construction. The House product struck out the controversial provision on build-to-rent.
The Senate bill would have weakened a ban on large institutional investors from purchasing single-family homes. The House rival housing bill preserves a ban on central bank digital currencies through 2030. House conservatives opposed the Senate bill for not enacting a permanent ban on central bank digital currencies.
House Speaker Mike Johnson stated that Republicans and Democrats would come together to bring a bipartisan, bicameral bill to the president’s desk. "I think everybody feels like it's important, so we're just working out some nuances," House Speaker Mike Johnson stated. , on May 13, 2026.
Sen. " "This bill can pass today if the House would just put it on the floor and vote on it. We need to get started, and if the House has more ideas than they'd like to add, start another bill," Sen.
Elizabeth Warren stated. " Senate Majority Leader John Thune stated "It's been sitting over there for a while and the president’s weighed in on it. I think, you know, the White House made it clear, they would like to see the House pick up and pass the Senate bill.
We’ve done what we can do. " Rep. " Rep. Michael Cloud stated that the clause in the Senate bill could make it "impossible" for some people to access housing. "It has to be permanent. We've got to put the nail in the coffin on it," Rep.
Sen. Rick Scott voted against the 21st Century ROAD to Housing Act. "If you wanted to actually reduce housing costs, it's local governments who are gonna have to allow more houses to be built," Sen.
Rick Scott stated. A recent Fox News poll found that nearly 80% of voters said housing costs were a problem for them or their family. A recent Fox News poll found that Democrats hold a lead over Republicans on inflation and the economy.
On May 9, 2026. Fox News reported that the build-to-rent industry and opponents of the provision argued their properties provide a more affordable option for some Americans priced out of the housing market and could imperil the supply of rentals across the country.
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cnbc.comDirector of National Intelligence nominee Jay Clayton appeared headed for a party-line confirmation vote after declining to state that Joseph R. Biden won the 2020 presidential election during his Senate Intelligence Committee hearing. Democrats expressed concern that President T…
A Democratic senator stated that an official party turn against Israel would lead him to leave the party. He also criticized efforts to appeal to voters opposed to Israel.
abcnews.go.comThe Trump administration is reviewing a plan to add political oversight to federal grant decisions. Academics, city leaders and members of Congress have urged reconsideration of the proposal.