Trump Cancels Bipartisan Housing Bill Signing for Voter ID Push as 6.5% Mortgage Rates Bite
Updated
Updated · WSB Radio · Jun 24
Trump Cancels Bipartisan Housing Bill Signing for Voter ID Push as 6.5% Mortgage Rates Bite
3 articles · Updated · WSB Radio · Jun 24
Summary
Trump scrapped Wednesday’s signing of a bipartisan housing-supply bill, saying the event is off until Congress passes the SAVE AMERICA ACT, his proof-of-citizenship voting measure.
The move undercut a rare bipartisan win on affordability even as 30-year mortgage rates hover around 6.5%, with Trump calling the housing bill of “minor importance” compared with lower rates and his voting push.
House Republican leaders were caught flat-footed while publicly praising the bill; Speaker Mike Johnson said he still believed Trump would sign once he reviewed the details.
Elizabeth Warren, who helped craft the measure, said the cancellation showed indifference to families squeezed by housing costs, while Democrats accused Trump of playing politics with a bill built from more than 60 proposals.
The reversal adds to broader Republican frustration as Trump heads to Capitol Hill after months of pressing senators to prioritize the SAVE AMERICA ACT over their own agenda.