US Lawmakers Advance Housing Bill That Includes CBDC Ban Through 2030

US lawmakers have reached a bipartisan agreement on a major housing package that includes a provision prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) through the end of 2030.

The updated legislation, known as the 21st Century ROAD to Housing Act, was jointly released by leaders from both the Senate and House of Representatives, reflecting a rare bipartisan and bicameral compromise on housing affordability and financial policy.

While the bill's primary focus is increasing housing supply and improving affordability across the United States, it also contains language preventing the Federal Reserve from creating or issuing a CBDC, as well as any digital asset deemed substantially similar to one, until December 31, 2030.

CBDC Debate Reaches Capitol Hill

The inclusion of a CBDC ban highlights growing political scrutiny surrounding government-issued digital currencies in the United States.

Supporters of the restriction argue that a US CBDC could raise concerns about financial privacy and government oversight of transactions. Critics, however, contend that limiting the development of a digital dollar could reduce America's competitiveness as other countries continue exploring central bank-backed digital payment systems.

The provision aligns with the position of the Trump administration, which has repeatedly signaled opposition to the creation of a US central bank digital currency.

Bill Moves Towards Congressional Votes

The legislation is expected to advance through procedural votes in the Senate before moving to the House of Representatives for consideration.

If approved by both chambers, the measure would be sent to the president for final approval.

The proposal marks one of the most major legislative efforts to date aimed at restricting the development of a US CBDC, highlighting the increasingly prominent role digital asset policy is playing in broader economic and financial debates.