A significant shift in US monetary policy is approaching as the 21st Century ROAD to Housing Act nears automatic enactment. Donald Trump recently confirmed he will not sign the legislation, allowing the bill to pass into law without his official endorsement this Saturday.
The act notably includes a provision that effectively prohibits the Federal Reserve from introducing a retail-facing Central Bank Digital Currency (CBDC) through at least 2030. This development marks a major legislative hurdle for proponents of a government-backed digital dollar.
Advocates for digital financial privacy have largely supported the move, citing concerns over government surveillance and individual control. The legislation aims to prevent the central bank from issuing programmable currency directly to households.
While the bill addresses broader housing infrastructure, the inclusion of the CBDC moratorium has become its most debated aspect. The law will now proceed to the statute books, solidifying the regulatory landscape for digital assets in the US for the remainder of the decade.
