Woofun AI reports that U.S. congressional leaders have secured a consensus on a comprehensive housing package, resolving prolonged legislative gridlock between the Senate and the House. The agreed-upon framework imposes new constraints on institutional investors acquiring single-family residences while abolishing the contentious mandate requiring investors to divest rental assets within seven years.

Concurrently, the legislation introduces provisions designed to alleviate regulatory pressures on banking institutions.

A pivotal component of this agreement extends the prohibition on the Federal Reserve developing a central bank digital currency through 2030. Legislative leadership anticipates the Senate will approve the measure this week, with the House poised to forward the bill to the President for signature in the following week.