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