U.S. Congress reaches agreement on housing bill, including extending the ban on the Federal Reserve's development of a central bank digital currency to 2030

Odaily News: Congressional leaders announced on Tuesday that they have reached an agreement on a comprehensive housing bill. The agreement includes restricting institutional investors from purchasing single-family homes, removing a provision requiring investors to dispose of built-for-rent properties within seven years, and includes bank deregulation measures, while extending the ban on the Federal Reserve's development of a central bank digital currency to 2030. The Senate Majority Leader expects the Senate to pass the bill this week, with the House sending it to the President for signature next week. (Bloomberg)