Senate's Housing Plan: Deregulate Now, Defund HUD Later?

In a plot twist worthy of a soap opera, the Senate Banking Committee just gave a big thumbs-up to the ROAD to Housing Act of 2025, aiming to slash red tape so homes can sprout like weeds. 'Every senator, Republican or Democrat, is facing people back home who tell them housing is a huge problem,' said Sen. Elizabeth Warren, highlighting rare bipartisan harmony. But wait for it—the bill pumps HUD with new duties while the Trump White House gleefully cuts its budget. It’s like giving your gardener a new shovel then firing them to hold the rake.

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Source: Axios | Published: 7/30/2025 | Author: Emily Peck