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Trump refuses to sign US housing bill over voting act standoff

Trump refuses to sign US housing bill over voting act standoff

Summary

President Donald Trump said he will not sign a housing bill because the Senate has not approved a voting law he supports. The housing bill, aimed at making it easier to build homes, will become law without his signature if he does not act within 10 days.

Key Facts

  • President Trump refuses to sign a bipartisan housing affordability bill to pressure the Senate to pass the SAVE America Act voting legislation.
  • The housing bill speeds up environmental reviews and limits how many single-family homes investors can buy.
  • The bill passed the Senate with an 85-5 vote and the House with a 358-2 vote.
  • The housing bill will become law automatically if the president neither signs nor vetoes it within 10 days.
  • The SAVE America Act includes proof of citizenship to vote and restrictions on mail-in voting.
  • About 70% of Americans support limiting investors from buying many single-family homes.
  • Housing costs are a major concern, with home prices at a record high and mortgage rates around 6.49%.
  • The voting bill passed the House but did not get enough Senate votes to overcome the filibuster.
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