Bipartisan Housing Legislation Advances, Includes Ban on Federal Digital Currency Until 2030

U.S. congressional leaders have reached a bipartisan agreement on an updated housing bill aimed at improving affordability. The legislation seeks to expand housing supply and curb market monopolies held by corporate landlords. A notable provision, added by House Republicans, prohibits the Federal Reserve from issuing Central Bank Digital Currencies (CBDCs) or similar digital assets until the end of 2030. The bill is now set to proceed through the Senate and House before potentially reaching the President's desk.