House moves to fast-track amended housing bill with bipartisan deal

1 min read
Source: Politico
TL;DR

Senior House lawmakers reached a bipartisan deal to amend the Senate housing bill, preserving limits on Wall Street’s single-family home purchases while broadening who counts as a single-family home; the plan would pass next week under suspension of rules and go back to the Senate for final approval, before possible White House action. The amended text also keeps a five-year ban on a digital dollar, includes 12 community banking provisions, and drops a controversial seven-year divestiture for investor-built rentals, among other changes.

Share this article

Want the full story? Read the original reporting

Read on Politico