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Democratic Party

Democrats propose bill targeting corporate housing tax breaks

Affordability, Affordable housing, Democratic Party, Elizabeth Warren, Housing Market, HWmember, Institutional investors, Legislation, Senate /

Senate Democrats, led by Elizabeth Warren of Massachusetts and Jeff Merkley of Oregon, last week unveiled legislation aimed at curbing corporate ownership of single-family homes and redirecting federal tax benefits toward affordable housing development. The bill, known as the American Homeownership Act, would eliminate major tax breaks and other federal housing benefits for private equity […]

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Senate Democrats demand GAO investigation into Pulte

Bill Pulte, Democratic Party, FHFA, HWmember, Mortgage, Mortgage Fraud, Politics, Regulatory, Senate, U.S. Senate /

A group of Senate Democrats has asked the Government Accountability Office (GAO) to investigate Federal Housing Finance Agency (FHFA) Director Bill Pulte and other employees over criminal referrals against several public figures as they seek to determine whether federal authority and resources were misused. In a letter sent Monday to Gene Dodaro, the Comptroller General

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Waters urges Fed independence, FHFA probe in Trump-Cook fight

Democratic Party, Donald Trump, Federal Reserve, FHFA, House Financial Services Committees, House of Representatives, HWmember, Maxine Waters, Mortgage, Politics /

Congresswoman Maxine Waters (D-Calif.), the top Democrat on the House Financial Services Committee, sent two letters this week that seek investigations into actions by President Donald Trump at the Federal Reserve. One letter was sent to John Allen, the acting inspector general of the Federal Housing Finance Agency (FHFA), while the other was addressed French

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House Democrats push back on crypto legislation with ‘anti-corruption’ efforts

Congress, Cryptocurrency, Democratic Party, Donald Trump, House of Representatives, HWmember, Legislation, Maxine Waters, Mortgage, Politics, Senate /

Congresswoman Maxine Waters (D-Calif.) and Congressman Stephen Lynch (D-Mass.), announced on Friday that next week will be known as “Anti-Crypto Corruption Week.” During this time, they plan to rally Democrats to push back against Republican efforts to fast-track three pieces of legislation related to cryptocurrency — the “Clarity Act,” the “GENIUS Act” and a bill

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House Democrats call for more action on US housing crisis

Democratic Party, House of Representatives, Housing Crisis, Housing Market, HWmember, Legislation, National Association of Realtors, National Low Income Housing Coaltion, Ohio, Urban Institute /

As the economic situation for many Americans continues to evolve due in part to the cost of housing, one Democratic member of the House of Representatives used her time on the floor Tuesday to call for more action to address rising housing expenses. Rep. Shontel Brown (D-Ohio) on Tuesday introduced a House Resolution calling for

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