The U.S. Senate Committee on Banking, Housing and Urban Affairs released remarks by Chairman Tim Scott describing the Renewing Opportunity in the American Dream (ROAD) to Housing Act and outlining an expected timeline for bipartisan digital asset market structure legislation. The ROAD to Housing Act, which he said was included in the Senate-passed National Defense Authorization Act, would use federal grant funding to incentivize local jurisdictions to increase housing supply, with additional grant dollars for jurisdictions that grow housing by three to five percent and reductions in grant dollars for those that do not. He also noted the measure passed the committee 24–0 and linked it to lowering housing costs and reducing the age of first-time homebuyers, which he put at 40. On digital assets, Scott indicated the committee expects to mark up and vote the market structure bill in December 2025, alongside action in a second committee, with the aim of bringing the legislation to the Senate floor in early 2026.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2025-11-18
U.S. Senate Committee on Banking, Housing and Urban Affairs chair signals December markup for digital asset market structure legislation and promotes ROAD to Housing Act housing supply incentives
The U.S. Senate Committee on Banking, Housing and Urban Affairs released remarks by Chairman Tim Scott on the Renewing Opportunity in the American Dream (ROAD) to Housing Act, which incentivizes local jurisdictions to increase housing supply through federal grants. Scott also outlined plans for bipartisan digital asset market structure legislation, with a committee vote expected in December 2025 and Senate floor consideration in early 2026.