TechFlow News, June 24: According to Decrypt, U.S. President Donald Trump temporarily canceled the signing ceremony for the “21st Century Housing Pathway Act” on June 24. The bill—previously passed by overwhelming margins of 85–5 in the Senate and 358–32 in the House—covers measures including easing restrictions on new home construction and banning large-scale residential property acquisitions by Wall Street firms. It also includes a provision extending the ban on issuing a central bank digital currency (CBDC) through the end of 2030.
Trump stated he would refuse to sign the housing bill unless Congress first passes the controversial “SAVE America Act”—a voting rights restriction bill—and dismissed the housing legislation as “irrelevant.” Republican leadership has repeatedly indicated that the “SAVE America Act” has virtually no chance of passing. If Trump ultimately vetoes the bill, Congress would need to override the veto with a two-thirds supermajority vote in both chambers for it to become law.
