[Congressional Record Volume 171, Number 34 (Thursday, February 20, 2025)]
[Senate]
[Pages S1279-S1280]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1066. Ms. WARREN submitted an amendment intended to be proposed by
her to the concurrent resolution S. Con. Res. 7, setting forth the
congressional budget for the United States Government for fiscal year
2025 and setting forth the appropriate budgetary levels for fiscal
years 2026 through 2034; which was ordered to lie on the table; as
follows:
At the appropriate place in title IV, add the following:
SEC. 4___. POINT OF ORDER AGAINST RAISING HOUSING COSTS FOR
AMERICAN FAMILIES AND CREATING A WINDFALL FOR
WEALTHY INVESTORS.
(a) Point of Order.--It shall not be in order in the Senate
to consider any bill, joint resolution, motion, amendment,
[[Page S1280]]
amendment between the Houses, or conference report that ends
the conservatorships of the Federal National Mortgage
Association and the Federal Home Loan Mortgage Corporation in
a way that would increase mortgage rates or otherwise make
housing less affordable for American families and would
create a windfall for hedge funds and other wealthy
investors.
(b) Waiver and Appeal.--Subsection (a) may be waived or
suspended in the Senate only by an affirmative vote of three-
fifths of the Members, duly chosen and sworn. An affirmative
vote of three-fifths of the Members of the Senate, duly
chosen and sworn, shall be required to sustain an appeal of
the ruling of the Chair on a point of order raised under
subsection (a).
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