Bipartisan housing bill becomes law after Trump refuses to sign it
Summary
A major housing bill became law automatically after President Trump chose not to sign it. He declined to approve the bill in protest because the Senate had not passed a separate elections bill he supports.Key Facts
- The bill is called the 21st Century ROAD to Housing Act.
- It aims to increase the supply of homes and lower housing prices.
- The bill limits large investors from buying certain single-family homes.
- Congress passed the bill with strong support from both parties.
- President Trump canceled a planned signing ceremony to protest the Senate’s failure to pass the SAVE America Act, an elections bill.
- The SAVE America Act would impose new voting restrictions.
- President Trump said he would not sign the housing bill until the elections bill passes.
- By law, the housing bill became law after 10 days because the president neither signed nor vetoed it.
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