Housing Affairs Letter

Congress

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Senate Excoriates Military Housing Managers

Heads of five private companies that mange military housing, along with Defense Department leaders responsible for their oversight, face the wrath of a joint hearing of the Senate Armed Services subcommittees on personnel & readiness and management support over the DOD’s

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Senate Opens Military Housing Probe

Persistent complaints about the state of military housing since its conversion from military to private management over the past two decades prompts the Senate to begin hearings. A House probe is expected to quickly follow.

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Waters’ Goals Has Wall Street Edgy

What the nation’s banking industry has dreaded has materialized. Rep. Maxine Waters (D-CA) has assumed the reins of one of the most powerful committees of Congress -- the House Financial Services Committee, and she is the first woman and first African-American to do so.

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Senate Quagmire Cripples HUD

It is nearly two years into the Trump administration and HUD remains bogged down in its ability to operate while key department and program head nominees wait for the Senate to confirm their nominations.

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Three Weeks Left In Lame Duck Session

With lawmakers spinning their wheels in the first week back to work following the mid-term elections, little was accomplished other than ousted and retiring lawmakers readying their swan-song speeches, newcomers jockeying for position on the sidelines, and members figuring

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Congress Heads Into Lame-Duck Fracas

Lawmakers return to Washington Nov. 13 to clear the legislative deck for the year and to jockey for leadership positions in the next Congress. With a major shift in the power center, little likely will be accomplished legislatively, including resolution of the remaining FY 2019 spending

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Three Housing Bills Advance

Three housing-related bills clear the House Financial Services Committee mostly along party-line votes. They now move to the House floor where they are expected to pass when lawmakers return from their August recess in September, Their fate in the Senate remains in

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Congress Rushes To Extend NFIP

House lawmakers have readied a short-term fix to the soon expiring National Flood Insurance Program, the latest in a number of such fixes in recent years as lawmakers fail to reach a consensus on a permanent fix to the multi-billion dollar federal protection for homeowners in the

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Carson Frowns At HUD History Critique

Calling HUD an utter failure during its 50-year history, House Financial Services Chairman Jeb Hensarling (R-TX) opens a hearing on HUD accomplishments -- or lack thereof -- by saying HUD has failed the American public since President Lyndon Johnson created the agency.

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Bankers Told Dodd-Frank Appears Dead

Despite optimism in the banking industry that reform of the Wall Street Reform & Consumer Protection Act of 2010 will occur this year, a senator warns that House opposition to a Senate reform bill likely will nix any action this year. Opposition centers on House Financial Services

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