U.S. House and Senate Reach Agreement: Housing Bill Includes Provision Banning CBDCs Through 2030

TechFlow News, June 17: According to The Block, leaders from both the U.S. Senate and House of Representatives jointly released an updated version of the “Pathway to 21st Century Housing Act,” confirming a bipartisan agreement between the two chambers. The bill’s core focus is housing affordability reform, including measures to expand housing supply and restrict market monopolization by corporate landlords. Notably, an attached provision explicitly prohibits the Federal Reserve from issuing or creating a central bank digital currency (CBDC) or any “substantially similar” digital asset before December 31, 2030—a clause spearheaded by House Republicans.

The Trump administration maintains a consistent stance on this issue; Treasury Secretary Bessent has previously stated unequivocally that a CBDC is “not under consideration.” The bill will first undergo a procedural vote in the Senate and is expected to be submitted to the House for consideration after Congress resumes on June 23, following its recess. It will then proceed to the President for signature.