French Hill
Coverage of French Hill in the Nexus archive.
- House Democrats add 12 solidly Trump districts to their midterm election target list
House Democrats expanded their midterm target list to 58 seats, including 12 districts won by Donald Trump in 2024. The strategy focuses on economic frustrations and shifting demographics in districts like North Carolina 9th and Arkansas 2nd, where Democrats highlight growing minority voter populations.
- How Washington’s war on ‘Wall Street landlords’ could backfire on Gen Z renters
Congress passed the 21st Century ROAD to Housing Act, a bipartisan bill restricting institutional ownership of single-family homes to address housing affordability. However, analysis by John Burns Research suggests the law may reduce rental supply, increase rents, and hinder new construction, contradicting its intended goals. The bill reflects growing political pressure against 'Wall Street landlords' but faces criticism for potentially worsening the housing crisis.
- Fed Chair Warsh vows to fight inflation even as new CPI report shows 3.5% rise
Federal Reserve Chair Kevin Warsh pledged to reduce inflation after the Bureau of Labor Statistics' Consumer Price Index reported a 3.5% annual rise in June 2026, driven by persistent food and fuel costs despite falling gas prices. Warsh emphasized data-driven monetary policy in response to congressional inquiries and geopolitical tensions in the Strait of Hormuz affecting oil markets.
- Fed Chair Warsh vows to fight inflation even as new CPI report shows 3.5% rise
Federal Reserve Chair Kevin Warsh pledged to reduce inflation to the Fed’s target of 2% during a congressional hearing, following a report showing a 3.5% annual rise in consumer prices. The data reflected cooling gasoline prices but persistent increases in routine costs like food, amid renewed tensions in the Strait of Hormuz affecting global oil supplies.
- Fed Chair Warsh vows to fight inflation even as new CPI report shows 3.5% rise
Federal Reserve Chair Kevin Warsh pledged to reduce inflation to the Fed's 2% target following a 3.5% annual rise in the Consumer Price Index, driven by routine costs like food and fuel despite falling gas prices. Warsh emphasized data-driven monetary policy amid geopolitical tensions in the Strait of Hormuz and political scrutiny over the Fed's independence.
- Fed Chair Warsh vows to fight inflation even as new CPI report shows 3.5% rise
Federal Reserve Chair Kevin Warsh pledged to reduce inflation following a 3.5% annual rise in the Consumer Price Index, driven by persistent food and fuel costs despite falling gas prices. Warsh addressed Congress, emphasizing adherence to data over political pressure amid heightened tensions with Iran and scrutiny over the Fed's independence from President Donald Trump.
- U.S. Representatives Urge Senate to Vote on CLARITY Act in July, Address Ethics Concerns
U.S. Representatives are urging the Senate to schedule a vote on the CLARITY Act by July to address ethics concerns related to cryptocurrency. Rep. French Hill emphasized the need for a deadline to facilitate consensus, citing bipartisan support and the importance of establishing a market framework for crypto regulation.
- Lacking Trump’s signature, a major congressional housing bill with Pa. and Va. roots still has a path to law
A bipartisan congressional housing bill with provisions inspired by Virginia and Pennsylvania initiatives faces uncertainty after President Trump declined to sign it. The 21st Century ROAD to Housing Act could still become law if Congress overrides a potential veto, as it includes measures like aligning manufactured homes with site-built homes in zoning and converting underused commercial spaces into housing.
- Window shrinks for Congress crypto deal
Congress faces a shrinking window to finalize a bipartisan cryptocurrency oversight deal before midterms, with unresolved issues including restrictions on Trump's digital asset profits and staffing for the SEC and CFTC. Lawmakers aim to address ethics provisions but face challenges in securing Trump's approval and House support.
- The Latest: Trump abruptly cancels signing of housing bill ahead of GOP Senate visit
President Trump canceled the signing of a bipartisan housing bill, demanding Congress first pass a bill regulating state-run elections, causing tension with Senate Republicans. GOP leaders had highlighted the housing measure as a key legislative achievement ahead of November elections, while Democrats criticized Trump's decision as undermining efforts to address affordability.
- Trump implodes bipartisan housing bill hours before signing
President Trump canceled plans to sign a bipartisan housing bill hours before the scheduled event, demanding Congress prioritize his voter ID legislation instead. House Republican leaders had praised the housing bill as a bipartisan achievement aligned with Trump's policy goals, but the president labeled it as 'minor importance' compared to his Save America Act.
- House gives final approval to bipartisan housing bill aimed at lowering costs
The House passed a bipartisan housing bill aimed at lowering costs by reducing federal regulations, streamlining environmental reviews, and limiting corporate landlords' influence. The bill, approved 358-32, will be signed into law by President Donald Trump and includes measures to expand financing, protect renters, and address homelessness.
- Congress Schedules CLARITY Act Hearing for July 17 in New York
Congress has scheduled a hearing for the Digital Asset Market Clarity Act (H.R. 3633) on July 17 in New York. The bill aims to establish a regulatory framework by assigning the CFTC authority over Bitcoin spot markets and the SEC over investment contracts. It has gained momentum in Congress with bipartisan support but faces challenges in reconciling Senate and House versions.
- Senate passes housing affordability bill
The Senate passed a bipartisan housing bill with 85-5 vote, aiming to address housing affordability and increase supply. The legislation moves to the House for final passage and includes provisions like restrictions on Wall Street investors purchasing homes and community banking deregulation.
- Congress lays out path for final passage of housing bill
Congress is preparing to pass a bipartisan housing affordability bill aimed at improving homeownership and addressing supply issues. The Senate and House are scheduled to finalize the 21st Century ROAD to Housing Act in the coming days, with the bill set to be sent to President Donald Trump for potential signing. Key provisions include restrictions on large institutional investors in the single-family housing market.
- Exclusive: Illegal settlements promoted in London at Great Israeli Real Estate Event
A Middle East Eye investigation revealed that the Great Israeli Real Estate Event in London promoted properties in occupied Palestinian territory, including illegal Israeli settlements. The event, held at Edgware United Synagogue, featured Jerusalem Real Estate advertising projects in French Hill and Ramat Eshkol, illegal settlements in occupied East Jerusalem. London Mayor Sadiq Khan stated the Metropolitan Police would assess potential criminality related to the event.
- Exclusive: Illegal settlements promoted in London at Great Israeli Real Estate Event
A real estate event in London promoted properties in illegal Israeli settlements in occupied Palestinian territories. Companies like Jerusalem Real Estate and Harey Zahav advertised developments in areas such as French Hill, Ramat Eshkol, Kfar Eldad, and Teneh Omarim. Demonstrators and counter-demonstrators clashed outside the event, organized at Edgware United Synagogue.
- Treasury advances immigration crackdown
The Treasury Department, along with regulators, directed banks to flag suspicious activities linked to undocumented immigrants, including identity theft and payroll fraud, and to assess risks from using taxpayer identification numbers. The Consumer Financial Protection Bureau had already acted on the executive order, and House Financial Services Chair French Hill questioned the policy's feasibility for banks.
- House passes bill to aid Ukraine and impose new sanctions on Russia
The U.S. House passed a bill to provide Ukraine with over $1 billion in security and reconstruction aid and $8 billion in defense loans, overriding Republican objections. The 226-195 vote reflects bipartisan support but was criticized by some Republicans as flawed and politically motivated.
- House passes bill to aid Ukraine and impose new sanctions on Russia
The House passed a bill providing $1 billion in security and reconstruction aid and $8 billion in defense loans to Ukraine, using a discharge petition to override Republican objections. The 226-195 vote reflects bipartisan support for aiding Ukraine amid concerns over President Donald Trump's approach to the conflict. Lawmakers aim to pressure the Senate to follow suit, though passage there may require Trump's endorsement.
- Congress nears major bipartisan housing bill with support from Virginia lawmakers
Congress is nearing passage of the bipartisan 21st Century ROAD To Housing Act, led by Senators Tom Scott and Elizabeth Warren, and Representatives French Hill and Maxine Waters. The bill includes provisions to restrict large investment firms from buying too many single-family homes and encourages housing development in underused commercial properties, with support from Virginia lawmakers.
- Top Republican pumps brakes on prediction markets regulation
House Financial Services Committee Chairman French Hill said Congress should hold off on regulating prediction markets like Kalshi and Polymarket, arguing lawmakers lack understanding of current regulatory frameworks. Hill believes the CFTC and SEC should demonstrate their ability to oversee these markets before Congress acts, while the committee focuses on educating members about existing rules.
- House aims for housing bill vote next week, setting up clash with Senate
The House is moving forward with a vote on an amended bipartisan housing bill next week, despite President Trump's pressure to pass the Senate version. The House Financial Services Committee has released its version of the bill. A clash with the Senate is expected.