Donald Trump has 10 days to decide on housing bill with CBDC ban

House Speaker Mike Johnson transmitted a housing bill with a provision barring the US Federal Reserve issuing or creating a CBDC until 2030 to Donald Trump on Monday.

US President Donald Trump has about 10 days to decide whether or not to sign bipartisan housing legislation containing a ban on a central bank digital currency (CBDC) into law after saying he planned to prioritize a controversial voting bill.

According to reports, House Speaker Mike Johnson sent the 21st Century ROAD to Housing Act to Trump’s desk on Monday, kicking off a 10-day timeline for the president to decide whether to ignore, sign or veto the bill under the US Constitution, excluding Sundays. The bill, passed by the House of Representatives last week, included language barring the Federal Reserve from issuing or creating a CBDC “or any digital asset that is substantially similar” until the end of 2030.

Donald Trump signing executive orders on Monday. Source: The White House

Read more