Key Highlights:
- A major U.S. housing bill has officially become law.
- The legislation includes a ban on a Federal Reserve CBDC.
- The bill became law without President Trump's signature.
- The move strengthens opposition to a U.S. digital dollar.
A major bipartisan U.S. housing bill has officially become law, bringing with it a provision that prevents the Federal Reserve from issuing a central bank digital currency (CBDC).
Although President Trump declined to sign the legislation, the bill automatically became law after the constitutional review period expired.
The housing package primarily focuses on improving housing affordability, but lawmakers also included language prohibiting the Federal Reserve from launching a digital dollar without congressional approval.
The decision marks another victory for lawmakers who favor private-sector stablecoins over a government-issued digital currency and reflects continued political resistance to a U.S. CBDC.
