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

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Source: Politico
TL;DR Summary

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.

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