WASHINGTON, Feb. 24 -- Sen. Adam Schiff, D-California, issued the following news release:

* * *

NEWS: Sen. Schiff Joins Senate Democrats to Introduce the American Homeownership Act to Stop Wall Street's Housing Grab and Get Homes Back into the Hands of Families

*

Bill ends tax breaks and housing benefits for Wall Street, corporate landlords and reinvests the savings into building new housing and helping Americans achieve homeownership