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Trump abandons housing bill signing after voting law fails to pass
U.S. President Donald Trump announced he will not sign the bipartisan housing bill in response to the Senate's failure to pass the SAVE America Act voting law. The bill is on track to become law without the president's signature.
U.S. President Donald Trump announced he was abandoning the signing of a widely supported housing bill to protest Congress's inaction on voting legislation. Trump shared his decision on the Truth Social platform on Friday.
The bill, known as the 21st Century PATH to Housing Act, includes provisions to speed up environmental reviews, ease construction, and limit the number of single-family homes that institutional investors can purchase. The bill passed the Senate 85-5 and the House 358-2, a rare bipartisan compromise in a divided Congress.
The bill can become law without the president's signature. If a bill is not signed or vetoed within ten days of reaching the president, it automatically becomes law at midnight. House Speaker Mike Johnson said a last-minute veto by the president was unlikely.
The housing bill's provisions are broadly supported by the public. According to a poll by the Bipartisan Policy Center, 70 percent of Americans approve of banning institutional investors that own more than 350 homes from buying additional single-family houses.
The bill would also create incentive programs for communities to build more housing, support modular home development, and facilitate the conversion of idle land into residential areas.
Voting law hurdle
Trump had canceled the signing ceremony for the housing bill on June 24 to pressure Republicans to pass the SAVE America Act. The voting law would require proof of citizenship when registering to vote and create a national voter database using state records.
The law imposes new restrictions on mail-in voting, despite an MIT poll showing that about a quarter of Republicans voted by mail in the 2024 presidential election. A version of the bill passed the House but failed to overcome the 60-vote threshold in the Senate.
Housing costs remain a major issue in the U.S. According to the Bipartisan Policy Center, 79 percent of the public views housing costs as an 'extremely important' or 'very important' problem. The median home price in the country hit a record $440,600 in June, while the 30-year fixed mortgage rate stands at 6.49 percent.
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