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Congressman lists three bills to tackle affordability: Price Stability Act, Main Street Capital Access and 21st Century Housing Act
Summary
Asked about affordability, the congressman cited the Price Stability Act to refocus the Fed on inflation, Main Street Capital Access to spur community bank lending, and the 21st Century Housing Act (passed in the House, he said) to reduce construction costs.
A questioner asked the congressman what his message to investors was amid concerns about affordability, rising oil and gasoline prices and economic strain.
The congressman said he had pursued three legislative tools. First, he said he wrote the Price Stability Act, which he described as directing the Federal Reserve to prioritize fighting inflation. Second, he said he authored Main Street Capital Access to encourage community banks to increase lending for housing construction and local businesses, which he argued would raise supply and help lower prices. Third, he cited the 21st Century Housing Act, which he said passed the House with 390 votes and aims to reduce the cost per square foot of building new housing.
He linked those legislative efforts to broader fiscal policy, saying that getting the federal budget under control and tax changes enacted by the prior House Republican bill had increased real earnings for some households. The congressman also urged continuing attention to childcare support and small‑business investment as part of affordability strategies.
The exchange did not record a formal vote or immediate policy action beyond his description of bills he had sponsored or supported.
