Here are the 10 senators who voted ‘no’ on the major housing bill
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A major bipartisan housing bill in the Senate drew a rare bloc of opposition: nine Republicans and one Democrat voted no. the bill, touted as the most meaningful effort in decades to address rising housing costs, would loosen some federal housing regulations and encourage states and cities to ease land-use rules to increase housing supply and affordability. Opponents mainly objected to a provision banning large investors from buying single-family homes; one Democrat also opposed for the same reason.
The nine Republican no votes:
– Ted Budd (R-NC)
– Ted Cruz (R-TX)
– Ron Johnson (R-WI)
– Mike Lee (R-UT)
– Rick Scott (R-FL)
– Thom Tillis (R-NC)
– Tommy Tuberville (R-AL)
– Todd Young (R-IN)
– Lisa Murkowski (R-AK) – noted to have voted no on a procedural vote but later for final passage, seeking tribal housing provisions
The one Democrat no vote:
– Brian Schatz (D-HI)
Additional context:
– Senator Johnson criticized the bill in a brief interview; Senator Scott said the bill would increase deficits; Senator Tillis questioned why conservatives would back a housing strategy associated with liberal stances.
– schatz, on the Senate floor, argued the ban on large investors would hinder build-to-rent housing and reduce supply.
– The bill’s future in the House is uncertain due to conservative opposition and mixed signals from President Trump.
In short, while the bill aims to boost housing supply and affordability by relaxing regulations, it faces strong opposition from several conservative Republicans and one Democrat, leaving it’s prospects uncertain.
Here are the nine Republican and one Democratic ‘no’ votes on the major housing bill
Ten senators voted “no” Thursday on major bipartisan legislation that proponents say is the most significant effort to address housing costs in decades.
Most of its opponents were conservative Republicans who oppose the ban on large investors buying single-family homes included in the bill. But one Democrat also voted no for the same reason.
More generally, the bill would loosen some federal housing regulations and encourage states and cities to ease land-use rules. The bill is meant to increase the housing supply to improve affordability. It now faces an uncertain future in the House, thanks to opposition from conservatives and mixed signals from President Donald Trump.
Here is the list of “no” votes. The Washington Examiner asked all of the offices of the senators for comment and will update this story with responses.
The nine Republicans
Sen. Ted Budd (R-NC)
Sen. Ted Cruz (R-TX)
Sen. Ron Johnson (R-WI)
In a brief interview with the Washington Examiner, Johnson said he opposed the bill for many reasons.
Sen. Mike Lee (R-UT)
Last week, Lee tweeted criticism that the bill contains only a temporary ban on the Federal Reserve issuing a digital currency.
Sen. Rick Scott (R-FL)
In an interview with the Washington Examiner, Scott said he opposed the bill because it would add to the deficit. “It sets up a process to spend a whole bunch of money, we’re running deficits,” he said. He said his ‘no’ vote didn’t have to do with the institutional investor provision.
Sen. Thom Tillis (R-NC)
Tillis opposed the bill over the large investor provision. “My God, when did conservative Republicans start carrying Elizabeth Warren’s banner on housing strategy?” Tillis said.
Sen. Tommy Tuberville (R-AL)
Sen. Todd Young (R-IN)
Also, Sen. Lisa Murkowski (R-AK) voted ‘no’ on a procedural vote on the legislation on Wednesday night, but later voted for final passage on the housing bill. “Yesterday, I basically made a statement with my no vote there on cloture, because I wanted an amendment process,” she said. Murkowski said she had wanted to get in a few tribal housing provisions into the legislation and that the need in the tribal housing space is “extreme.”
The one Democrat
Sen. Brian Schatz (D-HI)
Schatz used a Senate floor speech on Wednesday to criticize the bill’s ban on large investors buying homes, saying it would prevent firms from developing build-to-rent houses and thus hurt the supply of housing.
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