All posts tagged: Steve Scalise

Republicans could still win the House in the 2026 election: Scalise

Republicans could still win the House in the 2026 election: Scalise

Published by Sam Flores

Representative Steve Scalise, a Republican from Louisiana, during a news conference at the US Capitol in Washington, DC, US, on Monday, Nov. 3, 2025. Aaron Schwartz | Bloomberg | Getty Images House Majority Leader Steve Scalise said Thursday that Republicans could still win a majority in the 2026 midterm elections despite the party’s intense headwinds ahead of the pivotal November contest. Polling indicates voters are souring on President Donald Trump and congressional Republicans ahead of the election, mainly driven by dissatisfaction with the economy. A recent AP-NORC poll found Trump’s approval rating on the economy had cratered to 30%, with a whopping 70% disapproving of the president’s job performance. The election has high stakes and will effectively determine whether Trump enters 2027 as a lame duck with a Democratic Congress or maintains a Republican governing majority for the last two years of his presidency. Read more CNBC politics coverage Scalise, in an interview on CNBC’s “Squawk Box” on Thursday, argued Republicans could still weather the storm caused in part by skyrocketing prices from the war …

Housing affordability bill clears Senate with investor ban

Housing affordability bill clears Senate with investor ban

Published by Sam Flores

The Senate on Thursday passed the largest housing affordability bill in 30 years, including a ban on investors from buying single-family homes, with a 89-10 vote. But the bill faces an upward battle in the House, which passed its own bipartisan legislation in February. House GOP leaders have already said the measure will need to be negotiated, suggesting they will not take up the Senate-passed bill. House Majority Leader Steve Scalise, R-La., earlier this week told fellow House Republicans in a closed-door meeting that the measure is likely to bog down over differences between the two chambers’ versions. One of the biggest issues is a ban on investors and companies from buying single-family homes if they already own 350 or more. Companies that add to the housing supply through building or serious renovations would be able to own more homes, but would need to sell those homes after no more than seven years.  That provision was not initially in the Senate bill, or in the bill the House passed, but President Donald Trump championed the …

Investor ban on buying homes stalls housing affordability bill

Investor ban on buying homes stalls housing affordability bill

Published by Sam Flores

Homes in suburban Chicago, April 26, 2023. Brian Cassella | Tribune News Service | Getty Images A major housing affordability bill poised to clear the Senate as soon as Thursday will hit a wall in the House, in part over concerns about a ban on major investors from buying single-family homes.  During a meeting at the House Republican retreat this week attended by the party’s leaders and committee chairs, Majority Leader Steve Scalise, R-La., predicted the housing measure is likely to bog down due to differences between the House and Senate versions. He said that if the Senate doesn’t address wide-ranging concerns from House members and House Financial Services Chair French Hill, R-Ark., the bill is likely to require discussions between the House and Senate before it could become law. “If the Senate thinks we’re gonna take this medicine, we’re gonna go to conference” committee, Scalise said, according to three attendees, who asked not to be named because they were speaking about a closed-door meeting. A conference committee is made up of lawmakers from both …

Congressional stock trading ban bill to get vote: Republicans

Congressional stock trading ban bill to get vote: Republicans

Published by Sam Flores

House Republican leaders on Thursday committed to a vote in the new year on legislation to ban members of Congress from owning or trading individual stocks. But the proposal likely will not include a provision that would ban stock trading or ownership by President Donald Trump or future presidents. House Majority Leader Steve Scalise, R-La., said members had been working for months on a bill that would move through committee and get a vote on the floor. “We want to get that done,” Scalise said. He did not say whether the legislation would extend to the executive branch, a sticking point for Democrats who want to prioritize that. Others said it likely would not. “This would just address Congress,” said Rep. Nancy Mace, R-S.C., as she left a meeting with Speaker Mike Johnson, R-La., and other Republicans like her who want a trading ban. Rep. Anna Paulina Luna, R-Fla., said, “We will be getting a vote on the floor sometime in January … no more insider trading.” Leadership’s commitment comes a day after House Democrats …