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🔴Trump refuses to sign the largest housing bill since 1980
U.S. Congress passes "21st Century ROAD to Housing Act" by overwhelming margins: Senate 85-5, House 358-32 (veto-proof - enough votes to override a presidential veto). Key provisions:
- Cut NEPA procedures, accelerate project approvals
- Reward localities that build more housing, cut CDBG for slow localities
- Limit investment funds owning ≥350 homes from purchasing more single-family homes
- Pilot FHA loan guarantees <$100K
- Promote prefabricated, modular, and ADU housing
- Raise RAD cap by an additional 100,000 units
- Ban Fed from issuing CBDC until 2030
- No increase in mandatory federal spending
-> Trump still tries to delay, demanding Congress pass the SAVE America Act first with the reasoning: "This housing bill is less important than the SAVE America Act" even though the two are unrelated.
The SAVE America Act requires proof of U.S. citizenship when registering to vote in federal elections.
A bipartisan bill is being used by the President as a condition to pass his own agenda.