Home Politics Trump Cancels Housing Act Signing, Pushes for SAVE Act

Trump Cancels Housing Act Signing, Pushes for SAVE Act

Trump Cancels Housing Act Signing, Pushes for SAVE Act

President Donald Trump unexpectedly canceled the signing of the 21st Century ROAD to Housing Act. He issued a demand for the passage of the SAVE America Act instead. Trump announced this change on Truth Social, stating, “Today’s Housing News Conference and Signing is hereby cancelled until such time as we pass the desperately needed SAVE AMERICA ACT, which I consider to be a National Emergency. Thank you for your attention to this matter.”

The House passed the Housing Act with a 358–32 vote, showing broad support to tackle housing affordability issues. The bill aims to increase home supply and reduce costs while preventing large institutional investors from buying single-family homes.

Earlier, Trump criticized the act as “an Elizabeth ‘Pocahontas’ Warren centric housing bill,” viewing it as less crucial compared to the SAVE America Act.

The SAVE America Act, pushed by Trump, involves voter ID and citizenship verification measures, especially as midterms draw near.

Trump’s Administration and House Speaker Comments

House Speaker Mike Johnson supported Trump’s decision, aiming to push a similar election-integrity proposal through budget reconciliation. “I spoke to the president… He expressed his priority and preference for the Save America Act,” Johnson said. “We passed it three times in the House… citizenship to register to vote and proof of showing a photo ID when you show up to vote.”

Johnson highlighted public support, noting, “70% of Democrats think you ought to have a photo ID to vote.” However, some states do not enforce this.

Challenges and Ongoing Opposition

Despite bipartisan support for housing reform, a Trump-backed investor ban faces opposition. Trump urged Republicans to act, “Get the bad Republicans to approve it… Terminate the Filibuster and approve it…” highlighting the pushback for the SAVE America Act.

The housing bill emerged from House-Senate negotiations involving investor restrictions and a temporary ban on central bank digital currencies (CBDCs), catering to GOP privacy priorities. It proposes easing regulations on factory-built homes and federal environmental reviews while encouraging local zoning updates to address housing shortages.

Challenges continue as many Americans grapple with high home prices, with the median reaching over $400,000.

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