US Senate Passes Housing Supply Bill with CBDC Ban Through 2030 in 85-5 Vote
Core Summary The US Senate passed a comprehensive housing supply bill with an overwhelming 85-5 vote. The legislation aims to lower housing costs and restrict Wall Street investors from purchasing single-family homes, while notably including a provision that bans the Federal Reserve or any federal agency from issuing a central bank digital currency (CBDC) or similar digital assets through the end of 2030. Event Details According to The Washington Post and The Block, the Housing Supply Act received broad bipartisan support. Key provisions include: ...