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Chicago Patriot News Media > Blog > US News > Morning Edition: Senate passes bill to lower housing costs and restrict Wall Street from buying homes
US News

Morning Edition: Senate passes bill to lower housing costs and restrict Wall Street from buying homes

Mujeeb Osman
Last updated: June 24, 2026 7:33 am
Mujeeb Osman 3 hours ago
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Chicago – June 24, 2026

aThe Senate voted overwhelmingly Monday to pass a sweeping housing affordability bill aimed at lowering costs, putting Congress on the brink of a rare bipartisan victory in President Donald Trump’s second term.


The vote was 85-5. Several senators missed the vote due to severe thunderstorms in the Washington area that led to a ground stop at Ronald Reagan National Airport.


The legislation, which would make it easier to build homes and slap limits on Wall Street investors’ buying up houses, now goes to the House, which hopes to vote on it in the next few days. Then, it would go to Trump’s desk to be signed into law.

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By Mujeeb Osman
With 26 years of journalism experience across Urdu and English newspapers, he has built a reputation for thoughtful, community-focused reporting. Mujeeb Osman previously served as the Chicago in-charge of The Muslim Observer, where he covered local, national, and international issues impacting diverse communities. At Chicago Patriot News, he continues his commitment to delivering accurate, balanced, and compelling stories. His work reflects a deep interest in immigration issues, public policy, and American politics, areas he has followed closely throughout his career. At Chicago Patriot News, he continues his commitment to delivering accurate, balanced, and compelling stories that illuminate the challenges and perspectives shaping today’s public discourse.
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