A bipartisan housing bill including a multi-year CBDC ban will become law at midnight unless Trump issues a veto.
President Donald Trump announced he will not sign a bipartisan housing bill that includes a temporary ban on U.S. central bank digital currency issuance. The legislation, the 21st Century ROAD to Housing Act, will automatically become law at midnight unless Trump vetoes it before the deadline.
The bill passed Congress with bipartisan support but faces opposition from Trump over unrelated provisions. Under constitutional rules, a bill becomes law after 10 days without a presidential signature if Congress remains in session. The White House has not indicated whether Trump plans to issue a veto.
If vetoed, the bill would return to Congress, where lawmakers could attempt to override the decision. The CBDC ban has drawn attention from financial markets amid broader debates over digital currency regulation.