Congress Nears Passage of Housing Bill with CBDC Ban

House and Senate leaders announced an agreement on 21st Century ROAD to Housing Act, pairing housing-affordability measures with a provision that bars the Federal Reserve from issuing a digital currency (CBDC) or similar asset until Dec. 31, 2030. Senate votes are slated for early June; House will vote after June 23 recess.

Congress Agrees on Housing Bill, Extends CBDC Ban to 2030Congress Moves Forward on Housing Bill Blocking CBDC PlansCongress Passes Major Housing Bill, Delays CBDC Until 2030Congress Strikes Deal to Ban CBDC Until 2030 in Housing BillUS Congress strikes deal on housing bill that would ban a digital dollar through 2030Congress poised to pass housing bill that limits Wall Street homebuyers

The median price of a U.S. home topped $400,000 in Q1 2026, and Federal Reserve Bank of St. Louis estimates a shortfall of million units. Builder activity has lagged demand since 2008 crisis, driving higher prices and limiting first-time homeownership.

Congress poised to pass housing bill that limits Wall Street homebuyers

Sponsors include Sen. Tim Scott (R-SC), Sen. Elizabeth Warren (D-MA), Rep. French Hill (R-AR) and Rep. Maxine Waters (D-CA). The bill caps investors’ home purchases at 350 units and drops the seven-year sell-off rule. It directs HUD to issue zoning guidelines, streamlines environmental reviews, eliminates the steel-chassis requirement for manufactured homes, authorizes HUD repair and conversion grants. A carve-out permits “open, permissionless, private” dollar-denominated stablecoins.

Congress poised to pass housing bill that limits Wall Street homebuyers

Sen. Scott said bill reflects years of work to lower costs, expand supply and protect taxpayers. Sen. Warren noted provisions aim to increase housing supply and reduce prices. National Multifamily Housing Council and National Apartment Association praised reforms for modernizing federal housing programs and expanding homeownership pathways. Treasury Secretary Scott Bessent said CBDCs remain “off the table,” and White House called them a threat to financial-system stability, privacy and national sovereignty.

Congress Moves Forward on Housing Bill Blocking CBDC Plans

Housing economists note investors own only 2-3 % of homes, so purchase cap may have limited impact on affordability. Critics warn restricting investors could reduce financing for new construction. Analysts argue zoning reforms, not investor limits, are main lever for expanding supply.

Congress poised to pass housing bill that limits Wall Street homebuyers

“This bill is the result of years of work to lower costs, expand housing supply, cut red tape, protect taxpayers, and help more Americans achieve the dream of homeownership.” — Sen. Tim Scott (R-SC)

Congress Moves Forward on Housing Bill Blocking CBDC Plans

“There is so much in this bill, each piece directing us toward increasing the supply of housing, bringing down the cost,” — Sen. Elizabeth Warren (D-MA)

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“The deep-seated belief behind this legislation is that homes should be for families, not simply investment vehicles,” — Sen. Elizabeth Warren (D-MA)

Congress poised to pass housing bill that limits Wall Street homebuyers

“He called them a “weaponized surveillance tool” that should never be adopted.” — Rep. Tom Emmer (R-MN)

US Congress strikes deal on housing bill that would ban a digital dollar through 2030

Analysts differ on timeline for effects: project years before zoning guidelines translate into construction, and proponents cite grant funding. Definition of “substantially similar” digital assets under CBDC ban remains unsettled, leaving implementation details ambiguous.

Congress Passes Major Housing Bill, Delays CBDC Until 2030

The Senate will hold a vote in days; House will consider the text after recess, and bill is expected to proceed to the president for signature. CBDC prohibition expires on Dec. 31, 2030, after which Congress may revisit digital-currency policy.

Congress Agrees on Housing Bill, Extends CBDC Ban to 2030