Chairman Scott Leads Committee Hearing on "The Affordability Agenda"

U.S. Senate Committee on Banking, Housing, and Urban Affairs · June 23, 2026

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Chair frames hearing on affordability and committee accomplishments

Presentation

19:25 → 25:31(6m 5s)

Chairman Scott opened the hearing asking how to make life more affordable, praised recent Republican tax changes and the committees work—including the Working Families tax cut, the 21st Century Road to Housing Act (passed by the Senate), and the GENIUS Act on stablecoins—and argued affordability comes from competition and less regulation. He invited witnesses to propose practical steps to lower costs without expanding government.

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Senate Banking Committee hearing on affordability featuring witnesses from the Digital Chamber, the National Association of Realtors, The Century Foundation, and the Consumer Bankers Association; discussion centered on the newly passed 21st Century Road to Housing Act, digital-assets proposals to lower payment costs, and debates over CFPB enforcement, credit-card caps and overdraft fees.

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