4 storiesUS Politics & PolicyWhite House & presidential decisions / executive ordersUS Congress: House of Representatives & SenateBipartisan deals & legislative gridlock
Trump Delays Housing Bill Signing, Demands Election Legislation
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IN SHORT
President Trump has canceled the signing of the bipartisan 21st Century ROAD to Housing Act, demanding Congress first pass legislation requiring proof of citizenship for all voters. The housing bill, intended to lower costs and increase construction by reducing regulations, also reportedly contains a ban on central bank digital currencies until 2030. Allies expressed concern over the decision's impact on delivering relief to families, while Senator Elizabeth Warren criticized the move, which followed overwhelming support for the legislation.
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Key Numbers
2030CBDC ban effective year
Who's Involved
President Trump
U.S. President who canceled housing bill signing
21st Century ROAD to Housing Act
Bipartisan housing bill canceled by President Trump
SAVE America Act
Legislation including voter ID requirements
Elizabeth Warren
Senator criticizing President Trump's decision
Binance
Cryptocurrency exchange facing EU licensing hurdles
Key facts
President Trump canceled the signing of the 21st Century ROAD to Housing Act.
President Trump demanded Congress pass legislation requiring proof of citizenship for all voters.
The housing bill aims to lower costs and increase construction by reducing regulations.
The housing bill reportedly contains a ban on central bank digital currencies until 2030.
Allies expressed concern over the decision's impact on delivering relief to families.
Senator Elizabeth Warren criticized the move.
The housing legislation had overwhelming support.
Binance is seeking alternative EU licensing routes after its Greek application faced setbacks.
President Trump has canceled the signing of the bipartisan 21st Century ROAD to Housing Act, reportedly due to frustrations with the Senate's progress on the SAVE America Act, which includes voter ID requirements. The housing bill aims to lower costs and increase construction by reducing regulations and streamlining processes. The legislation also reportedly contains a ban on central bank digital currencies until 2030. Allies have expressed concern over the decision's impact on delivering relief to families. Senator Elizabeth Warren is among those criticizing the move, which followed overwhelming support for the legislation. Separately, Binance is seeking alternative EU licensing routes after its Greek application faced setbacks.
Frequently asked questions
It is a bipartisan legislative package designed to lower housing costs and increase home construction by reducing regulations, streamlining reviews, and encouraging new building.
President Trump stated he would not sign the housing bill until Congress passes legislation requiring proof of citizenship for all voters.
The bill aims to reduce federal regulations, speed up construction, limit corporate landlord purchases of single-family homes, expand rental assistance, and fund initiatives for zoning reform and infrastructure repurposing.
The market has seen sales at a 30-year low since 2022, with significant home price increases and a chronic shortage of homes for sale.
What Happens Next
01Congress must pass the SAVE America Act for Trump to consider signing the housing bill.
02The impact of the delay on housing market inventory and prices will become clearer in coming months.
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