00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Speaker Mike Johnson said he will send the bipartisan 21st Century Road
00:07to Housing Act to Trump on Monday after the bill was unexpectedly delayed last week.
00:12On Fox News, Sunday Morning Futures, Johnson said the legislation has passed both chambers
00:19and will become law. The bill aims to boost housing supply, reduce development bottlenecks,
00:25and improve affordability. It also includes measures to limit large investors' influence
00:30in the single-family housing market. President Trump canceled a signing ceremony last week
00:36while pushing Republicans to advance a separate voter ID proposal. Johnson said the Save America Act
00:42may need to pass through budget reconciliation, which would allow it to clear the Senate with
00:47a simple majority. The housing bill has already passed both chambers and could become law after
00:5210 days if Trump neither signs nor vetoes it, while Congress remains in session.
00:57Morgan Stanley analysis suggests Americans may not see pre-2022 affordability again,
01:02while the median monthly home payment has climbed to roughly $2,000.
01:06For all things money, visit Benzinga.com.
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