NAHB Supports Rep. Westerman’s ‘No Timber from Tyrants Act’
NAHB today expressed strong support for Rep. Bruce Westerman’s (R-Ark.) “No Timber from Tyrants Act.” The legislation would ban wood imports of wood products from Russia and Belarus while ramping up responsible harvesting of American timber from federal lands.
“Rep. Westerman’s ‘No Timber from Tyrants Act’ is a moral and economic imperative that needs to be enacted immediately,” said NAHB Chairman Jerry Konter. “Banning imports of Russian and Belarusian wood products will help to further economically isolate Russia and deny President Putin another source of funding for his unprovoked aggression against Ukraine.
“At the same time, the legislation also calls for responsibly increasing domestic lumber production from federal lands to address the resiliency of our national forests, create jobs, reinvigorate the forest industry and improve housing affordability. Time is of the essence and Congress must act swiftly on this bill.”
Latest from NAHBNow
Nov 14, 2025
Last Chance to Apply for 2026 Best of IBS AwardsExhibitors at the NAHB International Builders’ Show® (IBS) have an opportunity to spotlight their innovative new products each year through the Best of IBS Awards. Don't miss your chance - apply by Friday, Nov. 21.
Nov 14, 2025
Watch Livestreams of Key Fall Leadership MeetingsNAHB leadership, including committee and council members, will gather Nov. 17-19 for the 2025 Fall Leadership Meeting in Denver.
Latest Economic News
Nov 13, 2025
Unchanged Lending Conditions for Residential Mortgages in Third QuarterLending standards for most types of residential mortgages were essentially unchanged, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS). For commercial real estate (CRE) loans, lending standards for construction & development were modestly tighter, while multifamily was essentially unchanged. Demand for both CRE categories was essentially unchanged for the quarter.
Nov 12, 2025
Adjustable-Rate Mortgage Applications RiseAll types of mortgage activity rose on a year-over-year basis in October, supported by recent declines in interest rates. Notably, adjustable-rate mortgage (ARM) applications more than doubled from a year ago, and refinancing activity continued to strengthen.
Nov 12, 2025
Employment Loss and Post-COVID Recovery Across U.S. Metro AreasIn April 2020, total payroll employment in the United States fell by an unprecedented 20.5 million, following a loss of 1.4 million in March, as the COVID-19 pandemic brought the economy to a sudden halt. The unemployment rate surged by 10.4 percentage points to 14.8% in April. It was the highest rate effectively since the Great Depression.