The Senate Banking Committee unanimously advanced the Build Now Act, promoting new home construction and addressing housing shortages.
Quiver AI Summary
The U.S. Senate Banking Committee unanimously voted to advance Senator John Kennedy's Build Now Act, designed to incentivize new home construction by linking federal funds to local homebuilding rates. This initiative is part of the larger ROAD to Housing Act of 2025 and now awaits approval from the full Senate and the House of Representatives.
Senator Kennedy expressed that the act represents a significant step for families seeking homeownership. Senator Elizabeth Warren supported the proposal, highlighting the urgent need to address housing affordability and calling it a "call to action" for communities.
The Build Now Act proposes to withdraw 10% of federal grant funding from cities that do not increase home construction above the national median. Supporters, including various housing organizations, argue that it could reform housing policy and alleviate the affordability crisis.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
John Kennedy Net Worth
Quiver Quantitative estimates that John Kennedy is worth $17.1M, as of July 29th, 2025. This is the 63rd highest net worth in Congress, per our live estimates.
Kennedy has approximately $7.0M invested in publicly traded assets which Quiver is able to track live.
You can track John Kennedy's net worth on Quiver Quantitative's politician page for Kennedy.
John Kennedy Bill Proposals
Here are some bills which have recently been proposed by John Kennedy:
- S.2441: A bill to provide for adjustments to community development block grant allocations based on improvements in housing growth rates.
- S.1924: Improving Mental Health Access for Students Act
- S.1923: CFPB Pay Fairness Act of 2025
- S.1811: Embracing Anti-Discrimination, Unbiased Curricula, and Advancing Truth in Education Act
- S.1669: CRAWDAD Act
- S.1629: Same Care, Lower Cost Act
You can track bills proposed by John Kennedy on Quiver Quantitative's politician page for Kennedy.
John Kennedy Fundraising
John Kennedy recently disclosed $1.3M of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 27th most from all Q2 reports we have seen this year. 99.2% came from individual donors.
Kennedy disclosed $1.1M of spending. This was the 25th most from all Q2 reports we have seen from politicians so far this year.
Kennedy disclosed $16.0M of cash on hand at the end of the filing period. This was the 4th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track John Kennedy's fundraising on Quiver Quantitative.
