Trump says he still won't sign housing bill, which will become law soon if he doesn't veto
Summary
President Donald Trump said he will not sign a major housing bill passed by Congress, but he did not say if he will use his veto power. The bill will automatically become law soon if the president takes no action within 10 days.Key Facts
- President Trump refused to sign the bipartisan housing bill recently passed by Congress.
- He demands that Congress first pass his preferred voting law called the Save America Act.
- The housing bill will become law at 12:01 a.m. Saturday if not vetoed within 10 days.
- The bill aims to increase the supply of homes and reduce housing costs.
- It includes limits on investors buying certain single-family homes to help more buyers.
- The bill is called the 21st Century ROAD to Housing Act and is the biggest housing law in decades.
- Many Republicans expected President Trump to sign the bill as a win before the November elections.
- The median price of existing homes was $440,660 in June, making affordability difficult for many Americans.
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