No Enthusiasm for Trump's Investor Ban at Financial Services Housing Hearing

Also, no deal on stablecoin rewards after second White House meeting; banks dealt setback in swipe fee case; new PCAOB chief sworn in; a dozen banking provisions are tucked into housing bill

For those wondering how eager lawmakers are to back Donald Trump’s plan to prohibit institutional investors from buying single-family homes, today’s House Financial Services Committee hearing on housing affordability was instructive. The president’s idea barely merited a mention during more than three hours of testimony, save for a bit of criticism – fr…