Trump Not Expected to Veto Housing Legislation, Says U.S. Official
Wertynews.com – Washington — A senior U.S. official told CBS News that President Trump is unlikely to exercise a veto on the major housing bill approved by Congress in June. This means the legislation will automatically become law once the 10-day window for presidential action expires. The bill, which aims to boost housing supply and lower costs, has already cleared both chambers of Congress and is now awaiting the president’s final decision.
On Friday, Trump announced he would not sign the bipartisan housing law, a move that effectively hands it to Congress without his endorsement. His decision comes just hours before the deadline for the bill to pass into law without a presidential signature. While he hasn’t publicly stated his intention to veto the measure, his stance has raised questions among lawmakers and advisors.
Key Details About the Legislation
The 21st Century ROAD to Housing Act, as it’s formally named, is considered the most extensive housing reform package in decades. It introduces measures to limit institutional investors from buying certain single-family homes, with the goal of increasing affordability for average Americans. Despite these efforts, the median price of existing homes in June hit $440,660, a 1.8% rise compared to the same period a year earlier, according to data from the National Association of Realtors.
“I will not sign the Housing Bill, which has been fully approved by Congress and sent to the White House, in PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT, which is polling at 97% with the Republican Party, and very high with the non-politician Dumocrats,” the president declared on Truth Social.
The White House confirmed the statement by reiterating the same message when asked for clarification. This move has left some Republicans in Congress puzzled, as the legislation was seen as a potential victory in a critical midterm election year. The president had previously scheduled a signing ceremony but abruptly canceled it on June 24.
Trump’s frustration extends beyond the housing bill. He has criticized the Senate for not passing his preferred version of a voting reform law, the Save America Act, which he argues is more aligned with his policies. His recent remarks, labeling both Democrats and Republicans as “DUMB,” underscore his growing dissatisfaction with congressional processes. The bill’s automatic progression to law by Saturday has highlighted the tension between the executive and legislative branches in shaping housing policy.
