Trump Refuses to Sign Housing Bill, It May Become Law

President Donald Trump announced on Friday morning that he will not sign the 21st Century ROAD to Housing Act, a bipartisan housing package that has passed through Congress. In a Truth Social post, Trump stated his refusal to sign the bill as a protest against the Senate's failure to pass the SAVE America Act, which aims to strengthen voter identification and registration requirements. The housing legislation is set to automatically become law at midnight Eastern time on Saturday if Trump does not veto it, a scenario that housing stakeholders anticipate. The bill passed the House of Representatives on June 23 with a vote of 358-32, and was formally sent back to the White House on June 29, initiating a 10-day period for presidential action. Trump had previously delayed a signing ceremony for the housing bill on June 24, prioritizing the passage of the SAVE America Act. He described the housing bill as a "big yawn" compared to the SAVE America Act. Housing industry stakeholders have largely supported the 21st Century ROAD to Housing Act, viewing it as a significant step towards protecting homeownership by expanding housing supply and removing ownership barriers. If Trump issues a veto, Congress may have sufficient votes to override it, though this would lead to further delays in the bill's enactment.