The House has given final approval to a broad bipartisan bill aimed at lowering the cost of housing, with lawmakers in both parties eager to show progress on affordability issues ahead of this year’s midterm elections
With rare bipartisan support, the House passed a housing bill Tuesday evening that aims to address the shortage of affordable homes in the U.S. Why it matters: The bill, the Road to Housing Act , shows that the housing crisis is something both parties actually agree needs to be addressed, even as it is unlikely to bring much short-term relief for homebuyers. - The bill, which passed in a 358-32 vote, mainly aims to relax local regulations and encourage building. It now heads to President Trump, who is expected to sign it. - The version that passed the Senate Monday evening in an 85-5 vote also contains a watered-down version of a measure initially meant to ban private equity firms from owning and buying single-family homes. The final…
With rare bipartisan support, the House passed a housing bill Tuesday evening that aims to address the shortage of affordable homes in the U.S. Why it matters: The bill, the Road to Housing Act , shows that the housing crisis is something both parties actually agree needs to be addressed, even as it is unlikely to bring much short-term relief for homebuyers. - The bill, which passed in a 358-32 vote, mainly aims to relax local regulations and encourage building. It now heads to President Trump, who is expected to sign it. - The version that passed the Senate Monday evening in an 85-5 vote also contains a watered-down version of a measure initially meant to ban private equity firms from owning and buying single-family homes. The final…Open
House Minority Leader Hakeem Jeffries (D-N.Y.) is minimizing the significance of New York's congressional primaries , telling reporters the ideological direction of his party won't rest on a few House seats. Why it matters: It is all part of a careful balancing act in which Jeffries is trying to stop a democratic socialist takeover while avoiding open conflict with New York City Mayor Zohran Mamdani . - "I don't think we're on opposite pages. You can ask him whether he thinks we're on opposite pages. He doesn't believe we're on opposite pages," Jeffries said Tuesday when asked about his dueling endorsements with Mamdani. - He added: "A handful of primaries that go in one direction or the other in a given state or two aren't going to…
House Minority Leader Hakeem Jeffries (D-N.Y.) is minimizing the significance of New York's congressional primaries , telling reporters the ideological direction of his party won't rest on a few House seats. Why it matters: It is all part of a careful balancing act in which Jeffries is trying to stop a democratic socialist takeover while avoiding open conflict with New York City Mayor Zohran Mamdani . - "I don't think we're on opposite pages. You can ask him whether he thinks we're on opposite pages. He doesn't believe we're on opposite pages," Jeffries said Tuesday when asked about his dueling endorsements with Mamdani. - He added: "A handful of primaries that go in one direction or the other in a given state or two aren't going to…Open
Sens. Mike Lee and Rick Scott have teed up what could be a tense, confrontational lunch Wednesday with President Trump and Senate Republicans. - The two spent months pressuring Senate Majority Leader John Thune (R-S.D.) on the SAVE America Act . Now Trump will be in the room with them. Why it matters: Trump is fixated on passing the SAVE Act to help Republicans in the midterms. But Thune is insistent that Republicans don't have the votes. - "There are not the votes to nuke the filibuster, and there aren't going to be 10 Democrat votes to all of a sudden support the SAVE America Act," Thune told reporters on Tuesday. - SAVE would require voter ID and proof of citizenship, while imposing new restrictions on mail-in voting. Zoom in: Scott…
Sens. Mike Lee and Rick Scott have teed up what could be a tense, confrontational lunch Wednesday with President Trump and Senate Republicans. - The two spent months pressuring Senate Majority Leader John Thune (R-S.D.) on the SAVE America Act . Now Trump will be in the room with them. Why it matters: Trump is fixated on passing the SAVE Act to help Republicans in the midterms. But Thune is insistent that Republicans don't have the votes. - "There are not the votes to nuke the filibuster, and there aren't going to be 10 Democrat votes to all of a sudden support the SAVE America Act," Thune told reporters on Tuesday. - SAVE would require voter ID and proof of citizenship, while imposing new restrictions on mail-in voting. Zoom in: Scott…Open
An expansive bipartisan bill intended to bring down the cost of housing by boosting the supply of homes has passed both houses of Congress, and is headed to the president's desk for a signature.
An expansive bipartisan bill intended to bring down the cost of housing by boosting the supply of homes has passed both houses of Congress, and is headed to the president's desk for a signature.Open
A judge has ordered the DHS to facilitate the return of a 20-year-old Honduran man with no criminal history after she found he was likely removed without due process.
Data: Factset; Chart: Danielle Alberti/Axios Brexit is the real-world test of what happens when a major economy voluntarily raises trade barriers, restricts the free flow of workers and generates years of policy uncertainty — all at once. - A decade since the vote to leave the European Union, the results are largely in. Why it matters: The economic drag came from overlapping effects. - Businesses held off on investment as uncertainty dragged on, executives spent years consumed by Brexit logistics, and the firms most integrated with European markets were often the ones hit hardest. By the numbers: Since the Brexit referendum, the U.K. economy has grown about 13% — less than half the American pace over the same period, according to…
Data: Factset; Chart: Danielle Alberti/Axios Brexit is the real-world test of what happens when a major economy voluntarily raises trade barriers, restricts the free flow of workers and generates years of policy uncertainty — all at once. - A decade since the vote to leave the European Union, the results are largely in. Why it matters: The economic drag came from overlapping effects. - Businesses held off on investment as uncertainty dragged on, executives spent years consumed by Brexit logistics, and the firms most integrated with European markets were often the ones hit hardest. By the numbers: Since the Brexit referendum, the U.K. economy has grown about 13% — less than half the American pace over the same period, according to…Open