What’s in the New Bipartisan Housing Bill That Congress Just Passed

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 24 June 2026

⏱️ 13 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

P.M. Edition for June 24. After months of back and forth, Congress has passed new housing legislation aimed at making it easier to build homes and make housing more affordable. As part of our ongoing housing series, we hear from WSJ real estate reporter Rebecca Picciotto about what’s in the bill. Plus, President Trump met with Senate Republicans today after he refused to sign the housing legislation into law until the Senate passes a controversial voter-ID bill. Journal reporter Marianne LeVine joins us from the Capitol to discuss how the face-off went and where lawmakers go from here. And this week’s tech selloff is over, but markets are still keeping AI in focus. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter.

Transcript

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0:00.0	Your team just added its 67th AI tool and also your 67th security blind spot.
0:06.0	The good news, the Vantter agent works like a GRC engineer in the background,
0:11.0	finding every app your team uses, scoring the risk and drafting fixes for you.
0:16.0	Vanta is the platform used by over 16,000 fast-moving companies like Synthesia, Nandoz, and Granola,
0:23.1	who are shaping the future with AI and staying ahead of AI risk. Get started at Vanta.com.
0:33.2	Tech stocks continued to struggle as concerns of an AI bubble loom, but some chipmakers are forging ahead.
0:40.4	Plus, President Trump meets with Senate Republicans amid his latest push for controversial voter ID rules.
0:46.7	And what's in the newly passed housing bill that could be one of the biggest changes to federal housing policy in decades?
0:52.8	The bill is generally something that the real estate industry likes.
0:56.6	You know, it sends a message to local leaders that you want to streamline regulations and
1:00.4	make it easier to build.
1:01.8	So the real estate industry broadly sees this bill as a victory.
1:07.2	It's Wednesday, June 24th.
1:09.0	I'm Alex O'Slef for The Wall Street Journal. This is the PM edition of What's News, the top headlines and business stories that move the world today.
1:18.6	Starting off this evening with a look at markets. Major U.S. indexes ended the day mixed, with the Dow rising about 0.4%. But tech stocks struggled to shake off fears of an AI bubble.
1:29.8	One of the day's biggest losers was Cerebrus, the chipmaker that went public in May.
1:34.2	Its shares fell almost 20% after the company warned it expects to keep operating at a loss.
1:39.6	Another reminder of the heavy costs of the AI buildout. The NASDAQ dropped 0.4% today after declining
1:45.5	4% over the past two days, and the S&P 500 fell 0.1%. Meanwhile, oil prices dropped near pre-war
1:53.0	levels. Brent crude futures fell 4.3% to $73.74 a barrel. And Bitcoin dipped below 6060,000 this afternoon, its lowest intraday level
2:03.1	since earlier this month when Bitcoin accumulation firm's strategy said it had unloaded a portion
2:07.9	of its holdings. In earnings, U.S. memory chipmaker Micron reported more than $41 billion in revenue
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