House Speaker Mike Johnson transmitted a housing bill to President Donald Trump that includes a provision barring the U.S. Federal Reserve from issuing or creating a central bank digital currency (CBDC) until 2030. Trump has 10 days to sign or veto. The move has significant implications for the crypto industry and the future of digital dollar.
Trump Receives Housing Bill with CBDC Ban
House Speaker Mike Johnson transmitted a housing bill to President Donald Trump on Monday. The legislation includes a key provision prohibiting the U.S. Federal Reserve from issuing or creating a central bank digital currency (CBDC) until 2030. President Trump now has 10 days to decide whether to sign the bill into law or veto it. The provision, if enacted, would effectively halt any Fed-led CBDC development for the remainder of the decade, representing a major win for crypto advocates who have opposed government-controlled digital currencies.
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