Donald Trump Faces Deadline on Housing Bill Containing CBDC Ban

US President Donald Trump has roughly 10 days to decide whether to sign or veto the 21st Century ROAD to Housing Act, a bipartisan housing bill that also includes a temporary ban on a US central bank digital currency (CBDC).

House Speaker Mike Johnson officially sent the legislation to Trump on Monday after the House of Representatives approved the bill last week with support from both Republicans and Democrats. The proposal would block the Federal Reserve from issuing or creating a CBDC, or any similar digital asset, until the end of 2030.

Trump reportedly described the bill as a “yawn” and postponed a planned signing ceremony, saying lawmakers should instead focus on passing the SAVE America Act, which would require proof of US citizenship for voter registration.

Elizabeth Warren Supports Bill Despite CBDC Ban

Democratic Senator Elizabeth Warren backed the housing legislation and urged Trump to approve it despite the controversial digital currency restriction.

The Senate is expected to return by mid July and could soon debate the Digital Asset Market Clarity Act, another major crypto market structure proposal supported by parts of the industry and the White House.