Senate passes housing bill with CBDC ban, White House backs

The U.S. Senate passed a housing bill with a ban on Federal Reserve-issued CBDCs until 2030, citing privacy concerns. The bill has strong bipartisan and White House support.

The U.S. Senate has advanced the 21st Century ROAD to Housing Act, a bipartisan housing reform bill that includes a provision explicitly prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) to the public until at least 2030. This legislative approach, led by House conservatives, attaches the CBDC ban to essential housing legislation instead of introducing it as a standalone crypto policy. The bill passed with a strong 84–6 vote, reflecting broad bipartisan support and signaling a significant shift in U.S. digital currency regulation. Supporters of the ban cite concerns over privacy, surveillance, and potential government control of financial transactions. With this move, the U.S. becomes the first country to implement such a ban, while other nations continue developing their own CBDC projects. The White House has endorsed the bill, stating it will be signed into law if it reaches the President. The CBDC ban is set to expire in 2030 or 2031 and is included as a separate section within the broader housing reform package.