Home > Quick > Body

Federal Reserve CBDC Ban Bill Set to Become Law Without Trump's Signature

clock
2026-07-10 19:42:45
A bipartisan housing bill that would bar the Federal Reserve from issuing a central bank digital currency (CBDC) until Dec. 31, 2030, is set to become law without U.S. President Donald Trump's signature.

According to NS3.AI, under the U.S. Constitution, a bill becomes law if it remains on the president’s desk for 10 days without a veto or signature.

Trump said in a Friday social media post that he would not sign the bill.

Separately, the CLARITY Act has passed the House and two Senate committees, and Republican leaders expect a full Senate floor vote in July.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.