House Financial Services Committee

Rule Changes

Advanced the House version

The 21st Century ROAD to Housing Act became federal law July 10, 2026, without Trump's signature. Trump let the constitutional 10-day window lapse, posting on Truth Social that he refused to sign 'in PROTEST' over the Senate's failure to pass the SAVE America Act. The housing law took effect anyway — Congress had cleared it with veto-proof margins.

Updated 5 days ago

Rule Changes

Bill signed into law

President Trump signed the 21st Century ROAD to Housing Act on June 24, 2026, after the Senate passed the final text 85-5 and the House cleared it 358-32 the next day. The law bans large institutional investors from buying additional single-family homes for 15 years.

Updated Jun 24

Rule Changes

Conducting Treasury oversight

Treasury Secretary Scott Bessent's February 2026 congressional testimony tested norms of Treasury oversight: two days of shouting matches with House Democrats (Maxine Waters asking to 'shut him up,' Gregory Meeks calling him a 'flunky'), followed by heated Senate Banking Committee exchanges where Democratic Senator Jack Reed called his conduct 'childish' and Senator Elizabeth Warren pressed him on whether Fed nominee Kevin Warsh would face investigations if interest rates aren't cut as Trump demands. Bessent refused to clarify, prompting Warren to call the situation 'an even taller steaming pile of corruption.'

Updated May 27