WASHINGTON, July 11 -- Sen. Reverend Warnock issued the following press release:
Today, in a historic victory for American families, Senator Reverend Raphael Warnock's (D-GA) landmark provision to ban private equity firms from mass-purchasing single-family homes is officially federal law.
Hailed (https://time.com/article/2026/06/23/housing-bill-congress-affordability-supply/) as the most consequential housing package in a generation, the legislation delivers relief to a housing market crippled by the ongoing affordability crisis. Despite passing the House and Senate with overwhelming bipartisan support, President Donald Trump declined to sign or veto the bill within the constitutionally designated 10-day timeline, prompting formal enactme...