Election Law Dispute Drives Trump to Block Housing Bill—What It Means for the Digital Dollar.

Donald Trump’s Stance on the Housing Construction Bill

According to Мінфін — Крипто/Фінанси: Donald Trump has announced he will not sign the housing construction bill unless election-related legislative changes are enacted. This bill, which has already passed Congress, prohibits the issuance of a digital dollar until 2030. Notably, the ban does not apply to private stablecoins. The legislation was approved by the U.S. House of Representatives with a vote of 358 in favor and 32 against, and it also secured support in the Senate, where 85 senators voted in favor and 5 opposed.

During discussions on the bill, Trump made his position clear, stating:

“I will not sign the housing construction bill, which has been fully approved by Congress and sent to the White House, as a protest against the Senate’s inability to pass the Save America Act. Failing to pass this law would be madness and a serious threat to any politician who votes against it!”

Political Tensions and Digital Currencies

It is worth noting that U.S. Treasury Secretary Scott Bessent promised in May not to launch a digital dollar. Additionally, the governor of South Carolina signed a bill in May banning the acceptance of central bank digital currencies. Under the U.S. Constitution, if the president does not veto a bill within 10 working days, it automatically becomes law.

Meanwhile, debates over election legislation remain a pressing issue in American politics. Trump, expressing his dissatisfaction, emphasizes the importance of passing such legislation for the country’s future economic policy.

This situation highlights the political friction in the United States, where issues of election law and digital currencies are becoming central to inter-party debates. Trump is leveraging his veto power as a tool to pressure Congress, potentially influencing legislative processes, particularly regarding economic policy. At the same time, the introduction of digital currencies remains on the agenda, and its evolution could significantly reshape the U.S. financial system in the years ahead.