Trump says he won't sign housing bill, which would become law automatically - CNBC
President Trump has announced he will not sign a bipartisan housing bill, allowing it to become law automatically without his signature. He is withholding his support as a protest against the Senate's failure to pass the SAVE America Act.
Why it matters
This highlights a rare legislative standoff where a president uses non-action to protest unrelated policy, impacting housing market regulations.
President Donald Trump said Friday he will not sign a housing bill that Congress passed in June with overwhelming bipartisan support, setting the stage for it to automatically become law at 12:01 a.m. ET Saturday.
The article reports on the president's actions and the legislative process using factual, neutral language.
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