ADVISORY: After A Year Of Empty Promises, Higher Prices, And Fewer Homes - Warren, Schumer, Senate Democrats Take On Trump's Historic Housing Costs Crisis
Democrats to kick off 2026 push on housing affordability
Warren, Schumer release “Broken Promises Report”
Washington, D.C. — On Wednesday, U.S. Senators Elizabeth Warren, Leader Chuck Schumer, Senator Tina Smith, Senator Amy Klobuchar, and Senate Democrats will host a roundtable with organizations working on housing affordability and accessibility. The Senators will highlight President Trump’s empty promises and failure to lower housing costs as Americans struggle to afford their own home or pay rent. Participants will discuss concrete solutions policymakers could focus on to bring relief to renters and homebuyers, including continued efforts to enact the bipartisan ROAD to Housing Act, which passed the Senate unanimously last fall.
This roundtable marks the first event in Senate Democrats’ broader 2026 Costs Initiative, launching a sustained push focused on lowering housing costs and addressing the economic pressures facing working families.
Ahead of the event, Senators Warren and Schumer released a new “Broken Promises” analysis detailing President Trump’s failure to meet his commitments to lower housing costs “on Day One” and to “cut the cost of a new home in half.”
WHO:
- U.S. Senator Elizabeth Warren (D-Mass.)
- Senate Democratic Leader Chuck Schumer (D-NY)
- U.S. Senator Tina Smith (D-Minn.)
- U.S. Senator Amy Klobuchar (D-Minn.)
- Democratic Senators
- Renee Willis, President and CEO, National Low Income Housing Coalition
- Peggy Bailey, Executive Vice President for Policy and Program Development, Center on Budget and Policy Priorities
- Nidhi Hegde, Executive Director, American Economic Liberties Project
- Michael Negron, Senior Fellow for Economic Opportunity, Center for American Progress
- Allison Zelman, Chief Strategy Officer, Roosevelt Institute
- Lindsay Owens, Executive Director, Groundwork Collaborative
- Julie Margetta Morgan, President, Century Foundation
- Nikitra Bailey, Executive Vice President, National Fair Housing Alliance
- Ganesh Sitaraman, Director, Vanderbilt Policy Accelerator
WHEN: January 7, 2026 at 3 PM
WHERE: Senate Committee on Banking, Housing, and Urban Affairs Hearing Room
Dirksen Senate Office Building SD-538
RSVP: Media interested in attending must RSVP to timothy_white@banking.senate.gov.
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