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U.S. Senate passes housing bill with CBDC ban through 2030

U.S. Senate passes housing bill with CBDC ban through 2030

The Senate approved the measure 85-5, and the bill now heads to the House before being sent to President Trump; the provision would bar a Federal Reserve digital dollar until end-2030.

TRUMP

Fact Check
Multiple sources confirm the claim's elements. CoinDesk reports the Senate passed a housing bill with a four-year Fed CBDC ban. Bloomingbit confirms the specific 85-5 vote on the ROAD to Housing Act on June 22, 2026, the prohibition through December 31, 2030, and the pending need for House passage and presidential signature. EY Tax News corroborates the housing bill vehicle and the end-of-2030 expiration. The claim's stated vote count (85-5), four-year ban through end-2030, and pending House/Trump steps all align with the evidence.
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Summary

The U.S. Senate passed a housing bill by an 85-5 vote that includes a temporary ban through the end of 2030 on a Federal Reserve central bank digital currency, or CBDC. The measure, the 21st Century ROAD to Housing Act (H.R.6644), next goes to the House before being sent to President Trump. If enacted, the bill would prohibit the Federal Reserve System and its banks from issuing or creating a CBDC or any substantially similar digital asset. The provision would effectively block the Fed from launching a digital dollar during that period, turning a policy debate that had largely centered on research and exploration into a statutory prohibition lasting through 2030.

Terms & Concepts
  • CBDC: Digital money issued by a central bank.
  • Federal Reserve: The U.S. central banking system.
  • digital dollar: A proposed U.S. central bank digital currency.