Congress Passes Anti-CBDC Housing Bill, Sends It to Trump for Approval
The U.S. Congress has passed the 21st Century ROAD to Housing Act, sending the legislation to President Donald Trump for final approval.
The bill focuses on improving housing affordability in America while also including a provision that blocks the creation of a central bank digital currency (CBDC) until the end of 2030.
House Approves 21st Century ROAD to Housing Act
The U.S. House of Representatives approved the bill on Tuesday with a strong bipartisan vote of 358-32.
The vote came one day after the Senate passed the same legislation with broad support.
The bill includes a housing reform package designed to increase housing supply and improve affordability by limiting the influence of large corporate landlords in the housing market.
Bill Includes Temporary CBDC Ban
A key part of the legislation is a provision preventing the Federal Reserve from creating or issuing a CBDC.
The restriction also covers any digital asset considered substantially similar to a central bank digital currency.
The CBDC ban will remain active until December 31, 2030.
Congress Speeds Up Housing Legislation Process
The progress of the 21st Century ROAD to Housing Act accelerated after lawmakers released an updated version of the bill.
The revised legislation was introduced after months of delays and gained support from both Senate and House representatives.
Senate Banking Committee Chairman Tim Scott described the bill as an important step toward helping more Americans achieve housing stability.
Trump Administration Maintains Anti-CBDC Position
The bill’s CBDC restrictions align with the Trump administration’s position against government-issued digital currencies.
U.S. Treasury Secretary Scott Bessent previously stated that CBDCs are not part of the administration’s plans.
The administration has instead focused on advancing crypto-related legislation, including efforts to move the digital asset-focused Clarity Act forward.
Final Approval Awaited From President Trump
With approval from both chambers of Congress, the 21st Century ROAD to Housing Act now awaits President Trump’s signature.
If signed into law, the bill will combine housing reforms with restrictions on future CBDC development in the United States.
