Welcome to From the Politics Desk, a daily newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail.Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content.In today’s edition, Sahil Kapur dives into the bipartisan housing bill that’s set to pass through Congress this week.Plus, we have the latest on the U.S.-Iran talks to end the war.
Sign up to receive this newsletter in your inbox every weekday here.— Adam WollnerThe GOP-led Congress is on the brink of a rare win on costsAnalysis by Sahil KapurCongress is on the brink of passing a sweeping housing affordability bill, a rare bipartisan victory in President Donald Trump’s second term.The Senate is slated to pass the legislation this evening after voting 87-8 to advance it last week.Then it’ll go to the House for one last vote before heading to Trump’s desk.
It’ll be a desperately needed win for Republicans, who have seen their midterm election prospects deteriorate throughout the year as voters believe Trump and the GOP-controlled Congress haven’t done enough to tackle the cost of living.A new AP-NORC poll of U.S.
adults found that Trump’s overall job approval rating is 37%, dragged down by low marks on pocketbook issues: just 33% approve of his handling of the economy.This bill gives them a tangible victory on a top affordability concern.A deal that was struck last week by key committee chairs and blessed by party leaders brought together an eclectic mix of lawmakers from all over the ideological spectrum.
It was written by Sen.Tim Scott, R-S.C., Sen.
Elizabeth Warren, D-Mass., Rep.French Hill, R-Ark., and Rep.
Maxine Waters, D-Calif.There’s something in it for just about everyone to like.Republicans have focused on the provisions to cut red tape and boost the supply of housing.
Democrats like Warren have celebrated the restraints on institutional investo...