Landmark US housing bill becomes law despite Trump protest

A landmark US housing bill, the 21st Century Road to Housing Act, has become law without President Trump's signature. Trump had initially refused to sign the legislation, which aims to reduce housing costs and increase supply, in protest of Congress not passing voter ID legislation. Despite his objection, he did not veto the housing bill, allowing it to become law automatically. This legislation is considered the most comprehensive congressional action on housing affordability in the 21st century, addressing widespread public frustration with rising costs. The bill, approved by both chambers of Congress with bipartisan support, reflects a significant effort to tackle housing affordability issues.

President Donald Trump has announced he will not sign a bipartisan housing affordability bill, which is set to become law at midnight without his signature. Trump stated his refusal to sign the legislation is a protest because the Senate has not passed his proposed SAVE America Act voting legislation. The housing bill, known as the 21st Century ROAD to Housing Act, aims to expedite environmental reviews for construction, speed up development, and limit institutional investors' purchases of single-family homes. Despite Trump's stance, the bill passed Congress with overwhelming bipartisan support and will automatically become law if he does not veto it within ten days. House Speaker Mike Johnson indicated a veto is unlikely.

President Donald Trump announced on Friday that he will not sign a bipartisan housing affordability bill, which he previously described as "a big yawn." Trump stated his decision was a protest against the Senate's failure to pass "THE SAVE AMERICA ACT." Despite his refusal to sign, the housing bill is set to become law without his signature because the White House has not indicated an intention to veto it. This rare bipartisan measure aims to expedite environmental reviews for home construction and limit Wall Street investors' ownership of single-family homes. The bill will automatically become law on Saturday if no veto message is sent to Congress.

President Donald Trump will allow a bipartisan housing affordability bill to become law without his signature. He announced on social media that he is protesting Congress's failure to pass his proposed strict voter ID bill, the SAVE AMERICA ACT. The housing measure, the 21st Century ROAD to Housing Act, aims to lower housing costs and increase construction. Despite Trump's refusal to sign, the bill will take effect as he did not veto it within the 10-day period. This action creates tension within his party, particularly in a midterm election year, and delays efforts to address rising housing costs. The housing bill, which passed with broad bipartisan support, seeks to streamline federal regulations and environmental reviews for home construction.