TRUMP REJECTED THE HOUSING BILL, AND THE CBDC INJUNCTION WILL BE MADE LAW

PRESIDENT TRUMP REFUSED TO SIGN THE HOUSING ACT 21, WHICH CONTAINED A PROVISION PROHIBITING THE UNITED STATES CENTRAL BANK DIGITAL CURRENCY (CBDC) TO 2031. IN SOCIAL MEDIA, TRUMP STATED THAT HE HAD DECIDED NOT TO SIGN THE BILL BECAUSE THE SENATE HAD NOT YET PASSED THE UNITED STATES RESCUE ACT, WHICH HE HAD REPEATEDLY APPEALED TO LEGISLATORS TO RATIFY. DESPITE TRUMP ' S REFUSAL TO SIGN THE BILL, THE HOUSING BILL WAS EXPECTED TO BECOME LAW BECAUSE HE HAD NOT FORMALLY VETOED IT. WHITE HOUSE OFFICIALS CONFIRMED THAT TRUMP DID NOT INTEND TO VETO THE BILL AND ALLOW IT TO COME INTO FORCE AUTOMATICALLY AFTER THE END OF THE CONSTITUTIONAL REVIEW PERIOD. A PART OF THE BILL HAS ATTRACTED PARTICULAR INTEREST IN THE ENCRYPTION INDUSTRY, AS IT WILL PROHIBIT THE FEDERAL RESERVE FROM ISSUING CBDC BY 2031。