Senate Advances Housing Affordability Bill

0:00On March 11th, the Senate just cleared a big procedural step for a bill designed to make home buying more affordable by ramping up housing supply. They voted 89-9 with one not voting on the 21st Century Road to Housing Act, and final approval could come as early as Thursday. This measure expands builder financing, pushes manufactured and modular homes, and offers incentives to local governments that build more units, all aimed at driving down prices and rents through more availability. Meanwhile, the House already passed its own version, the Housing for the 21st Century Act, with strong bipartisan backing earlier this year. So now, both sides need to iron out differences for a unified bill. But some Republicans are pushing back hard, especially over a temporary ban on the Federal Reserve creating a digital currency. They want that. Prohibition may permanent to block any future central bank control over spending. The White House backs the Senate bill, though President Trump insists on action first,

1:01from Senate Republicans on the Save America Act. With tweets likely ahead in the House, watch for negotiations to shape the final push toward the President's desk.