Trump calls for lawmakers to pass major housing bill that would help American homeowners

The Senate already passed the 21st Century ROAD to Housing Act in an 89-10 split with bipartisan support in March.

Published: May 11, 2026 10:23pm

President Donald Trump urged lawmakers Monday night to help pass a housing bill that would help American families by blocking Wall Street investors from buying single-family homes.

The Senate already passed the 21st Century ROAD to Housing Act in an 89-10 split with bipartisan support in March, which was introduced by Massachusetts Democratic Sen. Elizabeth Warren and South Carolina GOP Sen. Tim Scott.

The president highlighted the impact that the housing crisis has had on hardworking Americans, emphasizing the story of Rachel Higgins, a mom of two children, who reportedly "placed bids on 20 homes and lost all of those bids to gigantic investment firms," who "turned those houses into rentals, stealing away her American Dream — She was devastated."

"Stories like this are why I signed an executive order to ban large Wall Street investment firms from buying up single-family homes," Trump said on Truth Social. "Also, in my speech, I called for Congress to save the American Dream of Homeownership, and ban these purchases, permanently! 

"Senators Bernie Moreno and Tim Scott have worked to ensure my call becomes a reality, and have a Bill which has passed the Senate with nearly 90 votes," he continued. "I am asking Congress to pass that Bill, the 21st Century ROAD to Housing Act, which would ensure that homes are for people, not Corporations."

The request comes amid a stalemate between the two chambers. The House is seeking to change the language of the ban on Wall Street investors buying single-family homes, arguing it would disincentivize home construction, per Politico.

The Senate is hoping the House will pass the legislation in its current form in order to tout the legislation ahead of the midterms this November. 

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.

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