Senate votes to consider bipartisan housing bill after months of GOP infighting
The bill would streamline housing rules and keep a Fed digital currency ban in place until 2030, with Senate passage expected this week.
- The United States Senate voted 87-8 on Tuesday to advance a bipartisan housing package, moving the legislation toward final passage and an expected presidential signature.
- Senate Banking Chairman Tim Scott, Elizabeth Warren, House Financial Services Chairman French Hill, and Maxine Waters negotiated the final agreement, concluding nearly a year of work to increase housing supply and reduce costs for American families.
- The legislation bars the Federal Reserve from creating a digital currency without congressional authority until Dec. 31, 2030, and prohibits entities holding 350 or more homes from bulk buying single-family properties.
- During negotiations, Hill secured a three-year sunset on Community Development Block Grant disaster recovery programs and nine provisions to ease community banking regulations, bridging differences between chambers.
- The House is expected to pass the bill next week, clearing the measure for President Trump's desk to help more Americans achieve the dream of homeownership in the "year of affordability.
19 Articles
19 Articles
Housing deal in hand, revised bill cruising toward passage
Senate and House leaders agreed Tuesday to a final version of comprehensive housing legislation that they believe will pass the Senate this week and the House next week, landing on the president’s desk for his expected signature. The deal puts the chambers within reach of concluding almost a year of work on a major package […]
Senate Housing Bill Advances With CBDC Ban Through 2030
Congress moves to block a Fed-issued digital dollar until December 2030. Stablecoin issuers gain room to grow as CBDC competition faces delays. Housing reform bill pairs affordability goals with major crypto policy shift. The U.S. Congress has moved closer to blocking a Federal Reserve-issued central bank digital currency after lawmakers included an anti-CBDC provision in a major housing affordability package. The bipartisan legislation, known a…
Congress CBDC Ban Push Puts Stablecoin Policy Back In The
A proposed ban on a federal retail central bank digital currency (CBDC) has re-entered the policy spotlight through congressional housing-bill negotiations, keeping the digital dollar debate alive even as stablecoins gain ground. TL;DR H.R. 6644 is the primary legislative reference for the retail CBDC ban angle. The reported negotiation would block the Fed from issuing a retail CBDC through 2030. The article should avoid claiming stablecoin inf…
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