The landmark housing bill passed both houses with overwhelming bipartisan support, 358 to 32, yet Trump is blocking it to leverage his SAVE Act.
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The landmark housing bill passed both houses with overwhelming bipartisan support, 358 to 32, yet Trump is blocking it to leverage his SAVE Act.
Where this was said
At 42:22 · chapter starts 40:35
Kara Swisher reports that House Speaker Mike Johnson is sending the landmark housing bill to the White House days after Trump abruptly canceled the bill-signing ceremony. The bill passed both chambers with overwhelming bipartisan support, 358-32 — a ratio Scott Galloway notes is almost unheard of in today's Congress. [1] — Scott Galloway "Housing bill passed 358-32 in Congress: The landmark housing bill passed both houses with overwhelming bipartisan support, 358 to 32, yet T…" 42:22 Trump says he won't sign until Congress passes his SAVE Act requiring photo ID and ending mail-in voting. Kara notes the Constitution provides a path around him: if Trump doesn't sign within 10 days, the bill becomes law; if he vetoes, Congress likely has the votes to override. [2] — Scott Galloway "10% rise in housing prices = 1% drop in birth rates: Every 10% increase in housing prices is associated with a 1% decrease in birth rates, …" 41:30 Scott argues housing affordability is one of America's most consequential crises, referencing Finland's housing-first homelessness strategy — just build cheap housing — and citing research linking every 10% housing price increase to a 1% drop in birth rates, reduced coupling, and lower self-esteem. He characterizes the bipartisan bill as 'weak sauce in specifics but a powerful symbolic movement in the right direction,' and says Trump blocking it is straightforwardly self-defeating — he should put on a tool belt and take credit.
A bipartisan housing bill passed 358-32 and is effectively veto-proof, but Trump is holding it hostage for his SAVE Act on voter ID. Finland's approach — just build cheap housing — shows 10% housing price increases cut birth rates 1%. Scott Galloway says blocking this bill is simply stupid.
Finland took the approach of simply building cheap housing rather than focusing on mental health or veteran affairs, and dramatically reduced homelessness.
Every 10% increase in housing prices is associated with a 1% decrease in birth rates, illustrating housing's sweeping societal impact.
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