Bipartisan Housing Package Heads to President — Trump Threatens Veto Tied to SAVE Act
Key Questions
What is the status of the bipartisan housing bill?
The 21st Century ROAD to Housing Act passed the Senate 85-5 and the House, restricting large institutional investors in housing markets.
Why might President Trump veto the housing legislation?
Trump stated he will not sign the bill unless it is paired with passage of the SAVE Act requiring voter ID.
What happens if the president does not sign the housing bill?
The measure will become law automatically on July 10 or through a veto override supported by its supermajority margins.
A major bipartisan housing bill restricting large institutional investors passed the Senate 85-5 and the House. Trump said he won't sign it unless the SAVE Act (voter ID) also passes. The bill will become law automatically on July 10 if he doesn't sign, or via veto override given its supermajority support. FAIR and restrictionist groups push for the SAVE Act. This is a landmark economic policy moment entangled with voting rights politics.