{"database": "press", "table": "releases", "rows": [["https://mace.house.gov/media/press-releases/rep-nancy-mace-reintroduces-bill-backing-trumps-push-expand-mortgage-access", "Rep. Nancy Mace Reintroduces Bill Backing Trump\u2019s Push To Expand Mortgage Access For Crypto Investors", "2025-09-12", "2025", "2025-09", "Republican", "House", "SC", "Nancy Mace", "M000194", "mace.house.gov", "mace", "https://mace.house.gov/media/press-releases", "scraper", "(Washington, D.C., September 12, 2025) \u2014 Congresswoman Nancy Mace (SC-1) reintroduced the American Homeowner Crypto Modernization Act of 2025, a bill to bring outdated federal mortgage rules in line with the realities of today\u2019s digital economy. Led by President Trump\u2019s crypto agenda, this legislation cuts outdated restrictions and paves the way for broader adoption of digital assets across America\u2019s financial system.\n\n\u201cOwning cryptocurrency shouldn\u2019t disqualify someone from the American dream of homeownership,\u201d said Congresswoman Nancy Mace. \u201cFederal mortgage guidelines are stuck in the past. Our bill brings them into the 21st century and supports President Trump\u2019s vision for a smarter, fairer government which reflects how Americans live and invest today.\u201d\n\nThe legislation requires the Department of Housing and Urban Development (HUD), Department of Agriculture (USDA), Department of Veterans Affairs (VA), and the Federal Housing Finance Agency (FHFA) to update their mortgage underwriting guidelines, systems, and standards. These changes would ensure assets held in brokerage accounts linked to cryptocurrency exchanges are considered when evaluating mortgage applications.\n\nUnder the bill, lenders participating in federal mortgage programs must factor in a borrower\u2019s verified crypto holdings, not just their traditional bank assets, when assessing creditworthiness. This could help millions of Americans, particularly younger and tech-savvy investors, qualify for mortgages which currently overlook their full financial picture.\n\nThis legislation is part of a broader effort to align housing policy with the Trump administration\u2019s push for fairer, innovation-driven financial access. It supports the administration\u2019s work to modernize regulatory frameworks around digital assets and end outdated barriers which penalize responsible crypto investors.\n\nThe bill gives federal agencies 24 months to implement the necessary updates.\n\n###", 1, "2026-03-30T01:40:41Z", "2026-04-06T19:10:29Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://mace.house.gov/media/press-releases/rep-nancy-mace-reintroduces-bill-backing-trumps-push-expand-mortgage-access"], "units": {}, "query_ms": 0.7689809426665306, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}