The bipartisan '21st Century Road to Housing Act' became law without President Trump's signature, aiming to increase housing supply and affordability by promoting conversions, repairing older homes, and limiting large investors. Its success hinges on implementation and faces challenges like the mortgage rate lock-in effect.
A bipartisan housing bill, the 21st Century ROAD to Housing Act, will become law without President Trump's signature due to a constitutional deadline. The bill includes a ban on a US central bank digital currency (CBDC) until 2030.
US President Donald Trump canceled the signing of the 21st Century ROAD to Housing Act, which included a ban on a central bank digital currency (CBDC) until 2030, to prioritize the controversial SAVE America Act voting bill. The move creates uncertainty for other crypto-related legislation.
Leaders of Senate Banking and House Financial Services committees released updated text for the 21st Century ROAD to Housing Act, including a ban on the Fed issuing a central bank digital currency (CBDC) until December 31, 2030. The bill also includes limits on institutional homebuyers and community banking provisions.
