Senate Housing Bill Blocks Federal Reserve CBDC Until 2030
The U.S. Senate advanced a bipartisan housing bill that includes a temporary prohibition on the Federal Reserve issuing a central bank digital currency (CBDC). The legislation, passing 84-6 in a key procedural vote, ties housing affordability reforms to digital currency policy.
The "21st Century ROAD to Housing Act" combines housing supply incentives with restrictions on CBDC development through 2030. The bill explicitly permits private, permissionless dollar-denominated currencies that maintain user privacy—a nod to decentralized finance advocates.
This 303-page package represents the largest housing policy overhaul in decades. Its unusual inclusion of CBDC restrictions signals growing legislative scrutiny of government-backed digital currencies while preserving space for private-sector innovation.
