Trump pressure threatens path for bipartisan US housing bill
Why it matters: The 21st Century ROAD to Housing Act had broad support as lawmakers raced to show progress on affordability before midterms.
A bipartisan housing package in Congress is facing new political risk as President Donald Trump’s push for the SAVE Act threatens to complicate its path to becoming law. Bloomberg reported that the 21st Century ROAD to Housing Act had won broad backing in Washington and was promoted as a measure to expand access to homeownership. The clash comes as both parties try to show voters they can address housing affordability ahead of the US midterm elections. The pressure campaign adds uncertainty to one of the few housing measures with cross-party support at a time when lawmakers have been under increasing demand to deliver tangible cost-of-living relief.