US: Thune Says Democrats Are Yet To Deliver Counteroffer In DHS Standoff

The Senate may begin floor consideration of the 'ROAD to Housing Act' this week, a package of housing affordability bills that could be one of the last major pieces of legislation taken up by Congress during the Trump administration. However, Senate action could be delayed by the ongoing DHS shutdown. 

• Earlier this month, the House of Representatives passed its version of the package, the 'Housing for the 21st Century Act'. The Bipartisan Policy Centre has a breakdown of both measures here.
• Politico reports, “Lawmakers will have to resolve a number of differences between the two bills, including issues related to bank deregulation and housing grant programs.” Senate Majority Leader John Thune (R-SD) said in an interview last week that he’d like to put on the floor include a permitting revamp, cryptocurrency market structure legislation and an AI bill.
• Thune said, “AI is accelerating dramatically in this country and that perhaps is something that we can deal with. It has affordability implications there, too.”
• Over the weekend, the White House provided more details on President Donald Trump’s proposed ban on investors buying homes, a measure the administration wants included in the final package, but has been excluded from both measures amid scepticism it would impact affordability. 
• The White House proposed banning investors with more than 100 single-family homes from purchasing additional homes, according to a copy of the document viewed by The Wall Street Journal.

The IFS's Ben Zaranko Speaks about the UK's fiscal framework.- On MNI Policy MainWire now, for more details please contact sales@marketnews.com

• US TSY 26W AUCTION: NON-COMP BIDS $1.603 BLN FROM $77.000 BLN TOTAL