First Read: US Building "Trump postpones signing of housing act due to S..."

Research evidence excerpt

First Read: US Building "Trump postpones signing of housing act due to S..."

Global Research

24 June 2026ab

First Read

EquitiesUS Building

Trump postpones signing of housing act due to Americas

SAVE America Act being stuck in limbo Home Construction

John Lovallo, CFA

Analyst

john.lovallo@ubs.com

SAVE America Act delays signing of 21st Century ROAD to Housing Act into law +1-212-713 9150

President Trump announced the cancellation of his planned news conference and Spencer Kaufman, CFA

signing of the bipartisan iteration of the 21st Century ROAD to Housing Act into law via Analyst

TruthSocial, roughly one hour prior to the scheduled event. It appears that the final spencer.kaufman@ubs.com

passage of the housing act now hinges upon passing the SAVE America Act, which has +1-212-713 9713

been held up in the Senate for months (link). The SAVE America Act essentially enforces Matthew Johnson

additional safeguards to prevent non-citizen voting. However, opponents of the Act Analyst

argue it renders the voting process more cumbersome for eligible voters and could matthew-h.johnson@ubs.com

greatly reduce mail-in and online voting as documents would be required to be +1-212-713 2576

presented in person (link). Today's turn of events follows last night's urging of the Nifemi Oduntan

President to delay the passing of the 21st Century ROAD to Housing Act until the SAVE Associate Analyst

America Act was signed into law by Florida Republican Anna Paulina Luna (link). nifemi.oduntan@ubs.com

Notwithstanding today's apparent setback, we continue to expect Trump to sign the +1-212-713 1246

21st Century ROAD to Housing Act into law in the relative near-term, given the

perceived importance of housing affordability ahead of the mid-term elections (link).