Trump refuses to sign law with U.S. CBDC ban, demands approval of elections bill

U.S. President Donald Trump has refused to sign a law that includes a four-year ban on central bank digital currencies, which was part of Congress’ housing affordability bill, until he gets unrelated legislation passed that would demand proof of citizenship from voters.

Trump had a signing ceremony planned for Wednesday, but he said in a post on Truth Social that it’s “hereby cancelled until such time as we pass the desperately needed SAVE AMERICA ACT, which I consider to be a National Emergency.”

The legislation he’s referring to carries a number of contentious federal voting policies to require citizenship proof and identification from voters, though Republican leaders have reportedly hit a wall on support for the bill. The president had made a threat earlier this year to block all other legislation until the SAVE America Act lands on his desk, though until Wednesday morning, he’d been planning on the signing of the major effort to address the affordability of homes in the U.S.

“It has been stuck in the Senate,” Speaker of the House Mike Johnson told reporters, saying the bill needs to be put into another budget bill. “So that’s what we’re going to do.”

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