Illinois Quick Hits: U.S. rep proposes restriction on housing purchases
(The Center Square) – Illinois U.S. Rep. Mary Miller, R-Oakland, has introduced legislation to restrict large institutional investment firms from buying single-family homes.
Following an executive order from President Donald Trump, the American Family Housing Act applies to companies with more than $100 billion in assets under management.
Miller says the legislation will put an end to Wall Street firms driving up prices and pushing American families out of the housing market.
CHICAGO HEMP BAN
The Chicago City Council has passed a citywide ban on intoxicating hemp products.
Mayor Brandon Johnson expressed concern that making something illegal could create a black market, but he stopped short of promising to veto the measure.
The mayor said he would have conversations with aldermen to regulate hemp so children would not be intoxicated and small businesses would not be excluded.
CTU VIDEO
The Chicago Teachers Union has posted a video on social media to respond to a Washington Post editorial suggesting that CTU focus on teaching kids to read and write. T
he union’s answer called the op-ed a “hit piece” from the paper owned by multi-billionaire Jeff Bezos.
The CTU video said, if the Post cared about education, it would advocate for the union’s schools to be fully-funded.
Chance Showers And Thunderstorms
Latest News Stories
Illinois Quick Hits: Ex-nonprofit exec sentenced for state, federal grant fraud
Crete-Monee School Board Unanimously Rejects $503,000 Tax Levy Abatement
Will County Prepares for Route 66 Centennial with $3.4 Million in Grant Projects
Lawmaker calls for department reform supporting Illinois families with disabled children
Lawyers’ ‘misleading statements’ hang cloud over college finaid class action
Ceasefire impact holds across markets despite varying reports on the Strait of Hormuz
SEC chairman returns ”first principles’ to public markets, supports Texas exchange
Complaint filed against AMA Foundation for racially discriminatory scholarships
Democrats vow to hold Bondi in contempt for refusing Epstein deposition
Commonwealth LNG signs supply deals with five major buyers
Lawmakers hear debate over data centers including revenue, headaches
Illinois quick hits: Madigan corruption appeal to begin Thursday; Attorney General asks lawmakers for additional $15 million;
