Maine Democrat Graham Platner’s withdrawal from his US Senate race is ratcheting up an already intense run-up to the US midterm elections. And yet, across the political spectrum, lawmakers in Washington agree that they need to deliver — quickly — on promises of affordability. With broad bipartisan support, they passed the 21st Century ROAD to Housing Act, billed as allowing more Americans to achieve the dream of home ownership.

But the bill’s fate has been thrown into doubt by President Trump, who surprised lawmakers by declining to sign it.

On today’s Big Take podcast, Bloomberg housing policy reporter Katy O’Donnell and Megan Scully, who leads Bloomberg’s Congressional coverage, join Sarah Holder to discuss what’s in the housing bill, how Trump could still steer its fate and what his intervention could mean for Republicans in the midterms.

Read more: 
Would Congress’ New Housing Bill Lower Home Prices?
Trump, GOP Clash After President Scraps Housing Bill Signing

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Sarah Holder; Produced by Rachael Lewis-Krisky; Reported by Katy O’Donnell and Megan Scully; Edited by Jeffrey Grocott.

Fact-checking by David Fox and Victor Swezy; Engineering by Alex Sugiura.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

Maine Democrat Graham Platner&rsquo;s withdrawal from his US Senate race is ratcheting up an already intense run-up to the US midterm elections. And yet, across the political spectrum, lawmakers in Washington agree that they need to deliver &mdash; quickly &mdash; on promises of affordability. With broad bipartisan support, they passed the 21st Century ROAD to Housing Act, billed as allowing more Americans to achieve the dream of home ownership.
But the bill&rsquo;s fate has been thrown into doubt by President Trump, who surprised lawmakers by declining to sign it.
On today&rsquo;s Big Take podcast, Bloomberg housing policy reporter Katy O&rsquo;Donnell and Megan Scully, who leads Bloomberg&rsquo;s Congressional coverage, join Sarah Holder to discuss what&rsquo;s in the housing bill, how Trump could still steer its fate and what his intervention could mean for Republicans in the midterms.
Read more:&nbsp;
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-06-25/congress-housing-bill-would-it-lower-home-prices?srnd=undefined">Would Congress&rsquo; New Housing Bill Lower Home Prices?</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-06-24/trump-scraps-housing-bill-signing-after-deriding-measure?srnd=undefined">Trump, GOP Clash After President Scraps Housing Bill Signing</a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by Sarah Holder; Produced by Rachael Lewis-Krisky; Reported by Katy O&rsquo;Donnell and Megan Scully; Edited by Jeffrey Grocott.
Fact-checking by David Fox and Victor Swezy; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Trump is Protesting His Own Party 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c802470a-1ef2-4afc-820d-b482015e357c/transcript