Editor’s Note: The CU Daily earlier jumped the gun and briefly reported that President Trump had signed the housing bill, when he has declined to do so to date. The CU Daily apologizes for the error.
WASHINGTON— President Donald Trump said he has not decided whether to sign the bipartisan, credit union-supported 21st Century ROAD to Housing Act, dismissing the legislation as insignificant compared with his push to advance a sweeping federal elections measure
Speaking shortly after House Speaker Mike Johnson formally sent the “21st Century Road to Housing Act” to the White House, Trump downplayed the legislation.
“Big deal,” Trump said sarcastically, according to CNN. “It’s a yawn.”
The legislation includes the Credit Union Board Modernization Act, which reduces the number of times boards at federal credit unions are required to meet.
10-Day Window
Johnson’s transmission of the bill begins a 10-day period during which the measure can become law even without Trump’s signature.
A person familiar with the matter told CNN that Trump is unlikely to sign the legislation but also is not expected to veto it, instead allowing it to become law without his signature unless he changes his mind.
As the CU Daily reported earlier, Trump’s comments follow his decision last week to cancel a planned bill-signing ceremony, saying he would not approve the measure until the Senate agreed to take up his election proposal, the SAVE America Act. Senate Republican leaders, including Majority Leader John Thune, have said there is no viable path for the elections bill to pass, CNN reported.
Frustrated Republicans
The delay has frustrated congressional Republicans, who have promoted the housing legislation as a central part of their affordability agenda ahead of the November midterm elections, CNN noted.
Sen. Bill Cassidy criticized the postponement in a post on X, writing that delaying the housing bill because of the SAVE America Act was irresponsible and that lawmakers should begin delivering relief to Americans facing high housing costs.
Trump also suggested he has concerns about the bill because it attracted support from both Republicans and Democrats.
“It’s very bipartisan — that means the Democrats like it,” Trump said, according to CNN. “They’re getting things that I wouldn’t necessarily agree to.”
