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New Housing Law Takes Effect without Trump's Signature. Will It Lower Prices?
The bipartisan measure will take effect without Trump’s signature after Congress approved a ban on a Federal Reserve digital currency through 2030.
- On Saturday, the 21st Century ROAD to Housing Act became law without President Donald Trump's signature. The most sweeping federal housing bill in decades took effect with little fanfare after Trump refused to sign the bipartisan legislation.
- Trump withheld his signature in protest because the United States Senate has not passed the SAVE America Act, a controversial voting bill. He labeled Republicans who voted for the housing legislation "dumb" in a Friday social media post.
- The act bars the Federal Reserve from creating a CBDC "or any digital asset that is substantially similar" until Dec. 31, 2030. It also addresses housing shortages persisting since the 2008 Great Recession through streamlined regulations and accelerated home building provisions.
- Senator Elizabeth Warren, a co-sponsor of the package, criticized the president's inaction, stating, "e's refusing to sign the biggest housing bill in 30 years." Democrats are using the refusal to argue Trump is failing to address housing affordability.
- Dennis Shea of the Bipartisan Policy Center emphasized that solving the affordability crisis will require significant time, though he noted the new law will have a "meaningful impact" on home prices. Addressing housing supply shortages remains critical to long-term solutions.
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37 Articles
President Trump Let A Major Housing Bill Become Law Without His Signature, And The Reason Has Washington Fighting – 100PercentFedUp.com – by Donald
A sweeping housing bill is now law, but President Trump deliberately kept his signature off it. The reason turns the story into a much bigger fight.
·Michigan, United States
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US CBDC Ban to Go into Effect without Trump Signoff on Housing Bill
Even without Donald Trump’s signature, a bipartisan housing bill containing a ban on a digital dollar until the end of 2030 is set to become law in the US after 10 days of inaction by the president.
·New York, United States
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Trump refused to sign the housing law, but the CBDC went into total force. Meanwhile, the CLARITY Act was looking for its turn behind the scenes of power. L-article L-prohibition of the US CBDC until 2030 will come into force without Trump's signature appeared first on Cointribune.
Coverage Details
Total News Sources37
Leaning Left0Leaning Right1Center29Last UpdatedBias Distribution97% Center
Bias Distribution
- 97% of the sources are Center
97% Center
C 97%
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