Trump-backed housing bill clears House after GOP defies Senate pressure campaign
The House has passed a housing bill backed by President Trump, aiming to increase housing supply and homeownership. The bill bans large institutional investors from purchasing new single-family homes but removes a provision requiring forced sales of such homes. Its future in the Senate remains uncertain as it faces a 60-vote threshold and potential pushback over the changes made by the House.
- ▪The House voted overwhelmingly, 396-13, to pass the housing bill.
- ▪The bill aims to boost housing supply and homeownership ahead of the midterms.
- ▪It maintains a ban on large institutional investors buying new single-family homes.
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Politics Trump-backed housing bill clears House after GOP defies Senate pressure campaign The bill bans some large institutional investors from buying new single-family homes but drops a forced-sale provision By Adam Pack Fox News Published May 20, 2026 1:05pm EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video Nevada workers fear homelessness as housing, jobs vanish before July deadline Primm Valley Casino Resorts is shutting down its remaining hotel and casino operations in July as experts point to increased competition, changing travel habits and post-pandemic losses behind the decline.
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