Trump Has 10 Days to Sign Housing Bill Blocking Fed CBDC Until 2030
A housing bill with a provision banning the Federal Reserve from issuing a CBDC until 2030 has been sent to President Trump for his signature.
President Donald Trump faces a 10-day clock to act on a housing bill that carries an consequential monetary policy rider: a prohibition on the Federal Reserve issuing or creating a central bank digital currency until 2030. House Speaker Mike Johnson transmitted the legislation to the White House on Monday, setting the constitutional countdown in motion.
The CBDC ban embedded in the housing bill reflects a broader and intensifying Republican effort to place statutory guardrails around digital dollar development. By attaching the restriction to must-pass housing legislation, lawmakers increase its chances of becoming law — a legislative strategy that often sidesteps the slower, more contentious path of standalone monetary policy bills.
Read more Lebanese Official Rejects US-Israel Deal, Warns of Internal Rift →
The stakes are significant. A Fed-issued CBDC has been a flashpoint in debates over financial privacy, government surveillance, and the future architecture of the US payments system. Critics argue that a digital dollar could give federal authorities unprecedented visibility into individual transactions, while proponents contend it could modernize payments infrastructure and extend financial access. The 2030 deadline in the bill would effectively freeze any Fed retail CBDC development through the remainder of Trump's current term and well into the next presidential cycle.
Whether Trump signs the bill, vetoes it, or allows it to become law without his signature will signal how aggressively his administration intends to constrain the Federal Reserve's digital currency ambitions — an area where his campaign rhetoric aligned closely with the bill's intent. The decision also arrives as global central banks accelerate their own CBDC programs, meaning a US moratorium could have ripple effects on America's positioning in international digital finance discussions.
Continue reading at Cointelegraph.
