Trump Pulls Back on Housing Bill That Would Have Banned Fed CBDC
A housing bill with a provision blocking the Fed from issuing a digital dollar until 2030 lost its signing after Trump cancelled the event.
If you've been following the slow-motion drama around a US central bank digital currency — basically a government-issued digital dollar — here's a plot twist worth knowing about. President Trump cancelled the signing of a housing bill that quietly contained a provision barring the Federal Reserve from issuing or creating a CBDC until at least 2030.
The bill in question was called the 21st Century ROAD to Housing Act, and while its main purpose was focused on housing policy, it carried that notable crypto-adjacent clause tucked inside. The provision wasn't a blanket digital currency freeze, though — it specifically exempted certain stablecoins, meaning privately issued digital assets pegged to the dollar could still operate freely under its terms.
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For crypto watchers, the CBDC ban language matters quite a bit. A Fed-issued digital dollar has long been a flashpoint in the crypto community, with critics arguing it could give the government unprecedented visibility into everyday financial transactions. Supporters, on the other hand, say it could modernize payments and expand financial access. The fact that a housing bill even included this kind of clause shows just how politically charged the CBDC debate has become in Washington.
With Trump walking back the signing, the fate of both the housing provisions and the embedded CBDC restriction is now up in the air. It's unclear whether the bill will be renegotiated, reintroduced, or simply shelved — and whether the digital currency language would survive any future version. For now, there's no signed legislation putting a hard stop on Fed CBDC development.
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