Trump’s refusal fails to stop CBDC ban in housing bill

Trump refused to sign a bipartisan housing bill with a four-year CBDC ban. Despite his protest, the bill becomes law at midnight, enacting the CBDC ban until 2030.

President Donald Trump has refused to sign the bipartisan 21st Century ROAD to Housing Act, which features a four-year ban on issuing a U.S. central bank digital currency (CBDC). His refusal is in protest over Congress not passing the SAVE America Act, which includes voter ID requirements. Despite Trump’s stance, the housing bill will automatically become law at midnight, as he did not formally veto it within the constitutional 10-day window. The legislation, which passed Congress with broad support, aims to boost housing supply and affordability through over 40 provisions, all without new federal spending. The bill’s CBDC ban instructs the Federal Reserve to halt any retail digital currency initiatives until the end of 2030—a move welcomed by the crypto industry. The White House has not confirmed any last-minute veto, so the bill and its CBDC ban are set to take effect, highlighting ongoing debates over digital currency and voter ID laws in the U.S.