The U.S. Department of Housing and Urban Development and Ginnie Mae signed a memorandum of understanding with the Korea Housing Finance Corp. to strengthen international cooperation in housing finance, specifically for affordable housing strategies.
The House Subcommittee on Housing and Insurance, led by Subcommittee Chairman Rep. Mike Flood (R-Neb.), held a hearing addressing the committee’s ongoing efforts to address the nation’s housing supply challenges, particularly in rural America.
Over 1,000 builders, remodelers and associates of the residential construction industry went to Capitol Hill for the National Association of Home Builders 2025 Legislative Conference to urge lawmakers to support policies that will help builders increase the production of quality, affordable housing.
Sen. John Kennedy (R-La.) reintroduced the CFPB Pay Fairness Act, which would require the Consumer Financial Protection Bureau (CFPB) to pay its employees according to the same standards that apply to other federal employees.
Ranking Members of the Senate Banking, Housing, and Urban Affairs Committee asked the Department of Justice to investigate whether Department of Government Efficiency employees broke conflict of interest laws by cutting staffing at government agencies like the Consumer Financial Protection Bureau while holding hundreds of thousands of dollars in private companies that could benefit from the cuts.
In a letter to Consumer Financial Protection Bureau acting director Russel Vought, Sen. Ruben Gallego (D-Ariz.) urged the bureau to reconsider the withdrawal of a rule that would have prevented private, personal data from being collected and sold without the consumer’s consent.
Democratic Sens. Chuck Schumer (D-N.Y.) and Elizabeth Warren (D-Mass.) and 45 members of the Democratic caucus, as well as 180 House Democrats, filed an amicus brief in NTEU v. CFPB, condemning the mass firings at the Consumer Financial Protection Bureau.
A letter to President Donald Trump signed by 19 U.S. Democratic senators shared their concerns about how tariffs are increasing housing costs and asked the president to “refocus your attention on policies that will address our nation’s housing crisis — not exacerbate it.”
Legislators in both the U.S. Senate and House reintroduced the Housing Supply Frameworks Act, which would direct the Department of Housing and Urban Development to develop zoning and land-use policies for communities to use to bolster affordable housing supplies.
U.S. Rep Mike Flood (R-Neb.), Housing and Insurance Subcommittee chairman, and U.S. Rep Emanuel Cleaver (D-Mo.), ranking member of the subcommittee, kicked off a bipartisan initiative to reauthorize the Department of Housing and Urban Development’s Home Investment Partnership Program and the Community Development Block Grant programs.
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