WASHINGTON, March 2 -- Sen. Chris Coons issued the following press release:
U.S. Senators Chris Coons (D-Del.), Elizabeth Warren (D-Mass.), Jeff Merkley (D-Ore.), and 16 other Democratic senators introduced the American Homeownership Act to get housing back into the hands of the American people. The bill would end tax breaks and other housing benefits for Wall Street landlords and reinvest the savings to increase the supply of affordable housing, bring down housing costs, and support homeownership for real people. The bill will also empower antitrust enforcers to prevent the kind of corporate buy-ups that squeeze out families trying to buy their own homes or afford their rent.
"We can't leave any stone unturned in our efforts to solve the...