A major bipartisan housing bill passed by the Senate is facing resistance in the House, with Republicans raising concerns over CBDC policies and government overreach.
Bipartisan Housing Bill Faces Opposition in House After Senate Approval
A major bipartisan housing bill that passed the Senate with overwhelming support is now facing resistance in the House, where some Republicans say they plan to oppose the measure.
The legislation, known as the 21st Century ROAD to Housing Act, is led by Tim Scott and Elizabeth Warren. It aims to address housing affordability by encouraging new home construction, converting vacant buildings into housing, and funding upgrades for existing homes.
The Senate approved the bill in a strong 89-10 vote, marking what could be the most significant housing law passed in more than three decades. The White House has also expressed support for the proposal.
Despite that momentum, the bill faces challenges in the House. Some conservative lawmakers argue that it does not go far enough in addressing concerns related to a central bank digital currency (CBDC) and potential government overreach.
A key point of disagreement is a provision that would block the Federal Reserve from issuing a CBDC until 2030. Several House Republicans, including Anna Paulina Luna, are pushing for a permanent ban instead.
More than 20 Republican lawmakers, including members of the House Freedom Caucus, have warned that the bill could fail in the House if the temporary ban remains. They argue that a CBDC could raise concerns about financial privacy and government control.
In addition to the CBDC debate, some lawmakers are objecting to provisions that would require large investors in rental housing to sell properties within a set timeframe. Critics say this could interfere with business operations and property rights.
Richard McCormick said the measure represents unnecessary government involvement in private enterprise, while Keith Self described parts of the bill as overly restrictive.
House leadership has not yet made a final decision on how to proceed. Mike Johnson is expected to weigh the concerns of conservative members, whose support is often crucial for passing legislation.
Any changes made by the House would require the Senate to reconsider the bill, which could delay its progress further.
The debate over the housing package is also overlapping with another major legislative issue — the Safeguard American Voter Eligibility Act. Some Republicans have indicated they may block other legislation until progress is made on that measure.
President Donald Trump has also weighed in, urging lawmakers to prioritize the voting bill before moving forward with other proposals.
With competing priorities and internal disagreements, the future of the housing legislation remains uncertain despite its strong bipartisan support in the Senate.
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