President Donald Trump abruptly on Wednesday, June 24, canceled the planned signing of the bipartisan 21st Century ROAD to Housing Act. In an effort to force Senate Majority Leader John Thune (R-SD) to pass the SAVE Act, the president has indicated that all business is off.
"Today’s Housing News Conference and Signing is hereby cancelled until such time as we pass the desperately needed SAVE AMERICA ACT, which I consider to be a National Emergency. Thank you for your attention to this matter," Trump wrote on TruthSocial.
President Trump continued his case, arguing:
"That is what Americans, both Dumocrats, Republicans, and everyone else, care about. Get the bad Republicans to approve it or, better yet, Terminate the Filibuster and approve it, AND EVERYTHING ELSE REPUBLICANS HAVE EVER DREAMED OF.
Emphasizing his belief that preserving the filibuster would backfire on Republicans, the president added, "The Dumocrats will do it in hour one, 100%. Republicans will feel very stupid if they don’t do it first. I’ll be watching with tears in my eyes!!!"
The 21st Century ROAD to Housing Act, passed in a rare bipartisan 358–32 vote Tuesday, is intended to cut through regulations to expand the supply of homes and lower costs. It also bars large corporate investors from buying up single-family homes.
This is a developing story…
