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U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC

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2026-06-22 23:21:44
The U.S. Senate passed the 21st Century ROAD to Housing Act, which includes a four-year ban on the Federal Reserve issuing a central bank digital currency (CBDC). According to CoinDesk, the housing affordability bill passed 85-5 Monday night and would bar the Fed or a Federal reserve bank from creating a CBDC or a substantially similar digital asset, directly or indirectly through intermediaries. The ban would run until the end of 2030 if the House approves and President Donald Trump signs it.
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