President Donald Trump is not expected to veto a major housing bill approved by Congress, allowing the legislation to take effect without his signature, according to a U.S. official who spoke with CBS News.
The development follows uncertainty after Trump said Friday that he would not sign the bipartisan housing legislation. However, he has not publicly announced plans to reject the bill through a veto, which would be required to stop it from becoming law.
Decision
The housing legislation is expected to become law automatically if Trump does not sign or veto it within the required 10-day period.
Under U.S. law, once a bill reaches the president’s desk, the president has three options: sign it, veto it, or allow it to become law without a signature if Congress remains in session.
The official said Trump is not expected to take the veto option, meaning the bill could move forward without a presidential signature.
Bill
The 21st Century ROAD to Housing Act is considered one of the most significant housing-related measures approved by Congress in recent decades.
The legislation focuses on increasing housing availability and addressing affordability challenges facing many Americans.
Key goals of the bill include:
| Goal | Details |
|---|---|
| Increase Housing Supply | Encourage development of more homes |
| Lower Costs | Address affordability concerns |
| Limit Investor Purchases | Restrict some institutional buying of single-family homes |
| Expand Housing Access | Support broader home availability |
The measure comes at a time when housing prices remain a major concern for voters across the country.
Opposition
Trump’s hesitation over the bill is linked to his frustration with Congress over another piece of legislation, the Save America Act.
The president has argued that lawmakers should prioritize passing his preferred voting legislation before moving forward with other measures.
On Truth Social, Trump said he would not sign the housing bill in protest over the Senate’s failure to pass the voting bill.
The White House, when asked for additional details about Trump’s statement, repeated the same message posted on Truth Social.
Politics
The housing bill has become an important issue ahead of the November elections, as affordability remains a concern for many Americans.
Some Republicans in Congress viewed the legislation as a significant achievement on a key voter issue. Trump’s decision not to participate in a formal signing ceremony surprised some lawmakers and reportedly caught some White House officials off guard.
The administration had previously included a signing event for the bill on its schedule before it was canceled on June 24.
Housing
The debate comes as home prices continue to challenge buyers.
According to the National Association of Realtors, the median price of existing homes in June reached $440,660, compared with $432,700 a year earlier.
| Housing Data | Amount |
|---|---|
| Median Existing Home Price in June | $440,660 |
| Previous Year Price | $432,700 |
| Annual Increase | 1.8% |
Rising prices and limited housing supply have made home ownership more difficult for many households.
Impact
If the bill becomes law, it could introduce changes aimed at increasing housing availability and reducing some barriers affecting buyers.
Supporters say the legislation addresses long-term supply problems in the housing market, while lawmakers continue to debate the best ways to improve affordability.
The situation also highlights the relationship between policy priorities and political negotiations in Washington. While Trump has criticized Congress over the voting bill, the housing legislation is expected to move forward unless he takes additional action before the deadline.
The 21st Century ROAD to Housing Act represents a major federal effort to address housing challenges, and its implementation will determine how effectively it affects supply, prices, and access to homes across the country.
FAQs
Will Trump veto the housing bill?
He is not expected to veto it.
When can the bill become law?
It becomes law after the deadline without veto.
What is the bill called?
The 21st Century ROAD to Housing Act.
Why did Trump oppose signing it?
He wanted action on the Save America Act.
What issue does the bill address?
It focuses on housing supply and costs.
