A sweeping housing bill that sailed through Congress with overwhelming bipartisan support hit an unexpected wall: the president himself.
Donald Trump canceled the signing ceremony for the 21st Century ROAD to Housing Act (H.R. 6644) on June 24, just hours before the event was scheduled to take place. The House had passed the bill 358-32 the day prior, and the Senate approved it 85-5 earlier in the week.
Trump posted on Truth Social that the ceremony would not proceed unless Congress first passed the SAVE America Act, a strict voter ID and elections bill he characterized as a “National Emergency.”
What the housing bill actually does, and why crypto cares
The 21st Century ROAD to Housing Act is a broad piece of legislation designed to attack the US housing crisis from multiple angles. It aims to streamline factory-built and modular housing, reduce construction barriers, expand financing options, enhance protections for renters, and limit the dominance of large institutional investors in the single-family home market.
