Frustrations erupt as Senate, House Republicans clash over housing
Source: The Hill
05/15/26 6:00 AM ET
Senate Republicans are furious that a bipartisan bill they passed to address housing affordability has languished in the House for weeks and undergone revisions that may doom its chances of becoming law before the November election. On Wednesday evening, the House unveiled new legislative text that would scale back the Senate bill’s restriction on institutional investors’ ownership of single-family homes, even though the language was endorsed by President Trump.
If the House approves those changes on the floor next week, the bill would need to go back to the Senate for approval before it heads to Trump’s desk. Senate Republicans fear that could ultimately derail what would be the largest housing bill enacted in decades and one they were hoping to tout as a major accomplishment in the fall campaign.
Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, which crafted the legislation, expressed that there is “an enormous amount of frustration” among his Senate colleagues and “astonishment” that the House did not take action on “a bill, which could lower housing costs in the face of an approaching election, where cost of living is the biggest issue” for several weeks.
Kennedy said a small group of House Republicans have “raised hell” over the bill but for weeks did little to actually move the legislation forward, delaying a top legislative priority. This comes just as a small group of House conservatives bogged down a Senate-passed bill to reopen most of the Department of Homeland Security earlier this spring. “Those who have raised the most hell in the House about the bill have done just nothing for a considerable period of time. And what I discussed with the president on Monday … [was] to see if he could get the bill moving,” Kennedy added.
Read more: https://thehill.com/homenews/senate/5879157-housing-bill-senate-house-clash/
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