Current government controlling houses (8)

I believe the answer is:

reigning

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'current' is the definition.
(thesaurus)

'government controlling houses' is the wordplay.
'government' becomes 'reign'.
'controlling houses' becomes 'ing' (I can't explain this - if you can you should give a lot more credence to this answer).
'reign'+'ing'='REIGNING'

Can you help me to learn more?

(Another definition for reigning that I've seen is " Ruling over like a sovereign".)

I've seen this clue in The Hindu.

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