U.S. Senate Banking Committee GOP

For Chairman @SenatorTimScott, housing affordability is deeply personal. By passing the 21st Century ROAD to Housing Act, Congress is delivering on President Trump’s agenda and ensuring that 2026 is truly the year of affordability.

Chairman @SenatorTimScott applauds regulators for scaling back Basel capital hikes that would have raised costs for families and small businesses. These proposals will help expand access to credit and spur economic growth, while maintaining the safety and soundness of financial system. Read more: banking.senate.gov/newsroom/major…

Chairman @SenatorTimScott and Ranking Member @SenWarren are building on @SECGov’s Cross-Border Task Force to address risks from China-linked firms, strengthen transparency, and protect American investors in U.S. markets.

📰 READ: A strong response from @BPC_Bipartisan’s Dennis Shea, Chair of the Terwilliger Center for Housing Policy, about the 21st Century ROAD to Housing Act. This bipartisan bill increases housing supply, lowers costs, and cuts burdensome regulations. Learn more:

Under Chairman @SenatorTimScott’s leadership, there has been significant progress toward passing market structure legislation. Through constructive, bipartisan negotiations, Congress is closer than ever to revolutionizing financial opportunity for generations to come.

With Chair @SECPaulSAtkins at the helm, @SECGov is restoring a transparent regulatory approach that will help ensure America remains the most competitive financial market in the world.

Chairman @SenatorTimScott and his fellow Banking Committee Republicans know that innovation must happen at home, not abroad. That’s why they are committed to establishing clear rules of the road that make America the crypto capital of the world.

Chairman @SenatorTimScott applauds FHFA’s common sense action to remove costly, unnecessary insurance requirements on Fannie Mae and Freddie Mac loans. Lower costs mean lower monthly payments and more families able to achieve homeownership, especially in rural and condo markets.

WATCH: Chairman @SenatorTimScott joins @DigitalChamber CEO @CodyCarboneDC for a fireside chat at the 2026 DC Blockchain Summit.

Thanks, @PressSec, for highlighting the need to cut red tape and build more homes. The Senate just passed the 21st Century ROAD to Housing Act to do just that. @SenatorTimScott appreciates the administration’s partnership and looks forward to working to send it to @POTUS’ desk.

Supply, not subsidies, is how we restore affordability. By passing the most significant bicameral housing reform package in decades, we are making the dream of homeownership - in South Carolina and across America - a reality.

ICYMI: @SenatorRounds highlighted provisions he authored in the 21st Century ROAD to Housing Act to modernize USDA rural housing programs, cut red tape, and help communities expand housing supply – ensuring rural families across America and South Dakota have more places to live.

Thanks to the leadership of Chairman @SenatorTimScott and the hard work of @BankingGOP, the 21st Century ROAD to Housing Act is one step closer to becoming law. This legislation will open the door to affordable homes for hardworking Americans across the country.

What works in Washington may not work in Greenwood, South Carolina. The 21st Century ROAD to Housing Act cuts red tape, increases housing supply, and lowers costs so more people can achieve their version of the American Dream.

📺 WATCH: Senator Bernie Moreno highlighted the 21st Century ROAD to Housing Act on the Senate floor, noting the legislation led by @SenatorTimScott would expand paths to homeownership and help ensure new communities are places where families can own homes, not just rent.

Republicans put more money in Americans’ pockets with the Working Families Tax Cuts, and now we are continuing our work on affordability with the 21st Century ROAD to Housing Act to open the door to affordable homes for hardworking Americans around the country.

The bipartisan 21st Century ROAD to Housing Act will make it easier to build and buy homes and delivers on President Trump’s key housing priorities by: ✅Cutting red tape ✅Unlocking housing supply ✅Lowering costs for families ✅Including no new mandatory federal spending

Chairman @SenatorTimScott on @CNBC: The bipartisan, bicameral 21st Century ROAD to Housing Act: ✂️ Cuts red tape. 🏘️ Increases housing supply. ⬇️ Lowers costs. More homes mean more Americans can achieve the dream of homeownership.

Housing leaders across the country are backing the bipartisan 21st Century ROAD to Housing Act. From advocates to lenders to builders, a broad coalition agrees: Chairman @SenatorTimScott’s plan will build more homes, cut red tape, and lower housing costs. banking.senate.gov/newsroom/major…

As homeownership drifts further out of reach, rural Americans often feel the pressure first. The 21st Century ROAD to Housing Act streamlines rural housing service programs and will protect nearly 400,000 rural Americans from rent spikes or displacement.