High-level talks between the United States and Iran took place in Buergenstock, Switzerland. U.S. Vice President JD Vance participated, with mediators from Qatar and Pakistan involved. Following an interim memorandum of understanding signed the previous week, the parties agreed on a roadmap toward a permanent agreement within 60 days.
The U.S. Treasury issued a 60-day waiver on sanctions effective Monday, allowing Iran to sell oil and related products. Discussions included allowing nuclear inspectors, mechanisms for handling frozen assets, and ensuring safe passage for commercial ships through the Strait of Hormuz. Technical meetings are continuing this week. President Trump emphasized the need for weapons inspections and stated consequences if Iran does not comply. Iran’s side reported securing waivers for oil and petrochemical exports and some frozen asset releases but denied that nuclear program discussions had begun.
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The bipartisan 21st Century ROAD to Housing Act, released by Senate Banking Committee Chairman Tim Scott (R-SC) and Ranking Member Elizabeth Warren (D-MA), combines elements from prior House and Senate housing legislation with new provisions. It aims to boost housing supply, improve affordability, and includes reforms to federal housing programs.
Key elements include:
Restrictions on large institutional investors purchasing single-family homes.
Measures to streamline permitting and environmental reviews (e.g., expanding categorical exclusions under NEPA).
Programs to support whole-home repairs, conversion of vacant buildings to housing, and incentives for localities to increase housing production.
Updates to financing tools such as FHA multifamily loan limits and Community Development Block Grants.
Financial literacy and housing counseling improvements.
The bill reflects a reconciliation of House and Senate approaches and incorporates Trump administration priorities on institutional investors.
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