TLDR Tech / Crypto
Housing bill including a CBDC ban passed without Trump's signature
The 21st Century ROAD to Housing Act became law Friday without Trump's signature after he declined to sign in protest over unrelated voter-ID legislation, letting the 10-day constitutional default trigger enactment. The bipartisan bill, which passed 85-5 in the Senate and 358-32 in the House, bans the Federal Reserve from issuing a central bank digital currency. The CBDC ban has been a longstanding Republican priority and previously complicated passage of the GENIUS Act stablecoin law last year.
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