ABC News21%
Trump cancels signing of bipartisan housing bill until his SAVE America Act is passed - ABC News 16%
By ABC News35% Michelle Stoddart34%
6/24/2026, 9:50:02 PM
BS Summary: This article contains 1 faulty reasoning type, including Overconfidence Bias, with Overconfidence Bias as the most egregious example at 1.1% saturation with 8 hits. Analysis detected 8 faulty-reasoning hits from 744 analyzed words, generating a BS Score of 32.8% and a BS Rank of 16% (11,810 of 13,954 articles). This article is better (less manipulative) than 84.60% of the article peer group.
Trump cancels signing of bipartisan housing bill until his SAVE America Act is passed
The president was slated to sign the legislation on Capitol Hill.
By Michelle Stoddart
June 24, 2026, 5:50 PM
President Donald Trump said he is putting off signing a bipartisan housing reform bill until Congress passes his signature election and voting reform legislation, the SAVE America Act.
Trump was slated to sign the legislation at noon on Wednesday on Capitol Hill, but he abruptly canceled the event just hours before it was due to start, announcing his ultimatum on social media.
"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," the president wrote in a post.
What to know: Congress passes housing legislative package in overwhelming bipartisan fashion
Asked about the bill by reporters before his meeting with NATO Secretary-General Mark Rutte, Trump said he wasn't signing the bill and wanted to "see what happens" with the SAVE America Act.
Trump didn't answer when asked if he would veto the bill, which passed both chambers with a veto-proof majority.
But he did say that lowering interest rates would solve the nation's housing crunch.
"I made billions of dollars with housing.
I know housing better than anybody maybe anywhere.
It's all about the interest rate.
Lower the interest rates, you can have all the housing you want," he said.
"Low interest rates will solve everything, will solve that.
Now, despite that, we're doing well with housing," he said.
Trump has insisted since March that he will not sign any legislation until the SAVE America Act is sent to his desk.
In a social media post on March 8, Trump wrote that it "supersedes everything else."
Senate Majority Leader John Thune watches as President Donald Trump speaks to the media as they arrive at the U.S.
Capitol, June 24, 2026 in Washington.
Evelyn Hockstein/Reuters
The SAVE America Act would make significant election and voting reforms, including requiring photo ID at polling places and proof of citizenship before a person could register to vote.
It has been rejected by Democrats.
Trump has pushed Republicans in the Senate to eliminate or modify the filibuster to get the bill through, though Majority Leader John Thune has maintained Republicans don't have the votes to do so.
The housing legislation, The 21st Century Road to Housing Act, passed overwhelmingly in the House and Senate.
Once signed into law, big investors will be limited from buying up single-family homes and some building regulations will be loosened in an attempt to increase supply and ease the nationwide shortage.
House Speaker Mike Johnson said he will meet with Trump at the White House on Thursday and is confident that he'll sign the bill.
"But he wanted to make a point today, which is an important one.
That's where the American people are.
The American people want safe and secure elections, and the SAVE America Act does that," Johnson said.
What is the Trump-backed SAVE America Act requiring voter ID, proof of citizenship to register?
Trump earlier Wednesday, in a separate social media post, said the housing bill is "of minor importance" compared to lower interest rates, the reauthorization of the Foreign Intelligence Surveillance Act and the SAVE America Act.
He also criticized the legislation as "Warren centric," referring to Democratic Sen.
Elizabeth Warren, who is a co-sponsor.
Warren reacted to Trump's cancellation of the signing ceremony, writing on X: "Huge bipartisan majorities in Congress passed a bill to lower housing costs.
But at the 11th hour, Donald Trump is refusing to sign it into law.
His policies have made your costs go up -- and he doesn't care."
If a president doesn't sign a bill or veto it, it becomes law after 10 days while Congress is in session.
But if Congress were to adjourn before the 10-day period is up, it could fall victim to a pocket veto.
ABC's Alexandra Hutzler contributed to this report.
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