Donald Trump Has 10 Days To Decide On Housing Bill With CBDC Ban

President Donald Trump has about 10 days to decide whether to sign, ignore, or veto bipartisan housing legislation that includes a ban on a central bank digital currency (CBDC), after House Speaker Mike Johnson sent the “21st Century ROAD to Housing Act” to Trump’s desk on Monday.

“Donald Trump signing executive orders on Monday”

Cointelegraph

The bill would bar the Federal Reserve from issuing or creating a CBDC “or any digital asset that is substantially similar” until the end of 2030.

Cointelegraph

The measure also includes a requirement that voters provide proof of US citizenship in person to register, a provision described in the sources as potentially disenfranchising millions of people.

The timeline for the president’s options is framed as running for about 10 days excluding Sundays under the US Constitution, with Congress able to override a veto with a two-thirds majority in both chambers.

Trump reportedly called the housing legislation a “yawn” and sarcastically referred to the situation as a “big deal,” and he canceled a planned signing ceremony for the bill on Wednesday.

In the same period, the sources say Trump told Republicans in Congress to focus on passing the SAVE America Act instead of the housing measure.

TradingView

Senator Elizabeth Warren, who sponsored the Democrat-led legislation, said on Monday, “We should be celebrating a bipartisan housing law,” and she added, “Instead, we have a call to action. Mr. President: sign the damn bill.”

The bill’s CBDC restriction is described as part of the coalition-building effort, with the sources saying it was included in an attempt to garner support from Republicans and the White House.

While Trump weighs the housing bill, the US Senate broke on Friday for state work periods and lawmakers were expected to return by July 13, according to the sources.

“Donald Trump has 10 days to decide on housing bill with CBDC ban US President Donald Trump has about 10 days to decide whether or not to sign bipartisan housing legislation containing a ban on a central bank digital currency (CBDC) into law after saying he planned to prioritize a controversial voting bill”

TradingView

The Senate calendar in the sources gives lawmakers about four weeks to address the Digital Asset Market Clarity (CLARITY) Act before another state work period in August.

The sources also say Trump told in March that he would “not sign other bills” until the SAVE America Act was passed, while also making a social media post signaling support for CLARITY.

If Trump vetoes the housing bill, the sources say Congress could attempt to override with a two-thirds majority in both chambers, leaving the CBDC restriction’s fate tied to the president’s decision within the roughly 10-day window.