Senate Democrats advanced the '21st Century Road to Housing Act,' a bipartisan bill designed to boost housing supply and lower costs by restricting institutional investors from buying single-family homes. The legislation heads to the House after Senate passage and would be the largest housing bill since the 2008 financial crisis. Schumer's framing contrasts this with Trump administration priorities, though 'vanity projects' is characterization rather than new factual assertion. The housing shortage driving costs is well-documented structural reality, and the bill's mechanism—restricting investor consolidation—directly targets a documented driver of affordability decline.