Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

Trump Holds Bipartisan Housing Bill Hostage to Force Senate to Pass His Voter ID Measure

by Team Lumida
June 30, 2026
in Macro
Reading Time: 3 mins read
A A
0
Supreme Court Signals It Will Strike Down Trump’s Birthright Citizenship Order
Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp
  • President Trump refused to commit to signing a bipartisan housing bill that passed both chambers by wide margins, calling it “so unimportant” compared to the Save America Act voter ID bill — deliberately withholding his signature to pressure Senate Republicans who say they lack the votes to pass the voting measure.
  • The housing bill has been formally transmitted to the White House, starting a 10-day clock (excluding Sundays) in which Trump must sign, veto, or let it become law without his signature — giving him legal leverage even without a formal veto.
  • The legislation would curb large institutional investors’ ownership of single-family homes, streamline factory-built housing rules, and incentivize localities to remove construction barriers — provisions designed to boost housing supply and address the US affordability crisis.
  • Trump scrapped a planned signing ceremony last week, now claims the bill is “more advantageous to Democrats,” and is using it as a bargaining chip even as GOP leaders have positioned it as a centerpiece of their affordability agenda ahead of November’s midterm elections.

What Happened?

President Trump told reporters Monday he has yet to decide whether to sign the bipartisan housing bill, which passed both the House and Senate by wide margins. He dismissed the legislation as “so unimportant” compared to his preferred priority, the Save America Act voter ID bill, and accused Democrats of needing the housing bill because their own policy record is weak. Trump scrapped a planned signing ceremony last week. The housing bill has now been formally transmitted to the White House by a House Republican aide, triggering a 10-day window in which Trump can sign, veto, or — if he takes no action — allow it to become law by default.

Why It Matters?

The housing bill represents one of the most significant bipartisan legislative achievements of this Congress: it targets institutional investors’ concentration in single-family homes, accelerates factory-built housing approvals, and removes local zoning barriers to new construction. For millions of Americans struggling with housing affordability, it offers meaningful near-term relief. By withholding his signature, Trump is essentially using the housing crisis as a political hostage to extract a Senate vote on voter ID — a move House Democratic Leader Hakeem Jeffries called a “Donald Trump temper tantrum.” With November midterms approaching and voters giving Trump poor marks on the economy and consumer prices, the political risk of blocking the bill is real for both parties.

What’s Next?

The 10-day clock has started. If Trump neither signs nor vetoes, the bill becomes law automatically — a face-saving off-ramp if Senate Republicans don’t move on the voting bill. A formal veto would require a two-thirds override vote in both chambers, a high bar even for popular bipartisan legislation. Senate GOP leaders say they lack the votes for the Save America Act and any rule changes needed to pass it, suggesting Trump’s leverage play may simply delay the housing bill’s enactment rather than achieving his voting measure goals.

Source: Bloomberg

Previous Post

The Thinkers Who Built Prediction Markets Are Losing Faith in What They Created

Next Post

The Yen Just Hit a 40-Year Low — and Traders Think Japan Won’t Intervene Until 163

Recommended For You

Wall Street Expects the Treasury to Cut or Kill the 20-Year Bond, Which Has Been Yielding More Than the 30-Year Since 2020

by Team Lumida
47 minutes ago
Wall Street Expects the Treasury to Cut or Kill the 20-Year Bond, Which Has Been Yielding More Than the 30-Year Since 2020

Hyperscalers issuing long-dated debt for the AI buildout are now competing with the US government for the same pension demand.

Read more

Goldman Sachs Strategists Upgrade Global Stocks to Overweight; Barbell Strategy Balances Tech Upside with Rate-Sensitive Defensives as Q3 Earnings Season Crucial to Year-End Rally

by Team Lumida
8 hours ago
Goldman Sachs Strategists Upgrade Global Stocks to Overweight; Barbell Strategy Balances Tech Upside with Rate-Sensitive Defensives as Q3 Earnings Season Crucial to Year-End Rally

Goldman raised 3-month view to overweight from neutral. Trigger: strong earnings outlook (S&P 500 25%+ YoY growth) + cheaper valuations after recent pullback. Barbell: global tech + rate-sensitive...

Read more

Canada Sheds 68,300 Jobs, Wiping Out This Year’s Gains, as the Loonie Hits Its Weakest Since April 2025

by Team Lumida
3 days ago
Canada Sheds 68,300 Jobs, Wiping Out This Year’s Gains, as the Loonie Hits Its Weakest Since April 2025

Fewer rate hikes means a weaker currency, which raises imported energy costs, which argues for more hikes. The loop is the problem.

Read more

Median Net Worth Rose 2% in Three Years While the Average Rose 7%, and Stock Ownership Fell as the Market Hit Records

by Team Lumida
3 days ago
Median Net Worth Rose 2% in Three Years While the Average Rose 7%, and Stock Ownership Fell as the Market Hit Records

The bottom half of earners accounted for nearly all the decline in participation. They exited before the gains.

Read more

Current Conditions Hit an All-Time Low of 44.7 While Expectations Rose, and the Survey Closed Before This Week’s Oil Spike

by Team Lumida
3 days ago
Current Conditions Hit an All-Time Low of 44.7 While Expectations Rose, and the Survey Closed Before This Week’s Oil Spike

Just over half of consumers say they will cut spending on cars, dining out and vacations. Only 31% expect to spend as usual.

Read more

Pimco Warns US 10-Year Treasury Yields Could Hit 6% for First Time Since 2000 as Forced Selling Cascade and Inflation Fears Grip Bond Markets

by Team Lumida
3 days ago
Pimco Warns US 10-Year Treasury Yields Could Hit 6% for First Time Since 2000 as Forced Selling Cascade and Inflation Fears Grip Bond Markets

Bond giant Pimco CIO Dan Ivascyn says 10-year yields rising to 6% is feasible as hedge funds forced to liquidate losing positions. Yields already at 5.29%, highest since...

Read more

The US Lost 216 Hospitals and 24,000 Beds in 15 Years, With Urban Closures Matching Rural Ones

by Team Lumida
4 days ago
The US Lost 216 Hospitals and 24,000 Beds in 15 Years, With Urban Closures Matching Rural Ones

Relief funding of $50 billion was directed entirely at rural facilities. The data show the problem is national.

Read more

US Treasury Yields Climb on Waller Guidance — 10-Year Hits 2002 High as $22B 30-Year Auction Tests Global Demand for US Debt Amid Deficit Angst

by Team Lumida
4 days ago
US Treasury Yields Climb on Waller Guidance — 10-Year Hits 2002 High as $22B 30-Year Auction Tests Global Demand for US Debt Amid Deficit Angst

US 10Y +4bps to 5.322% (highest since 2002), 30Y +4bps to 5.705% (near 24Y high). Fed Waller: more hikes needed but not consecutive. Oct 28 hold expected, Dec...

Read more

Britain’s Two Parties Offer Tax Cuts or Unfunded Care Spending, With Debt at Early-1960s Levels and Taxes at Decade Highs

by Team Lumida
5 days ago
Britain’s Two Parties Offer Tax Cuts or Unfunded Care Spending, With Debt at Early-1960s Levels and Taxes at Decade Highs

Neither side is proposing consolidation, and both have committed to protecting the pension triple lock.

Read more

Fed Minutes Show All 19 Officials Backed the Hike and Most Expected Another by Year End. Markets Now Price 20%

by Team Lumida
5 days ago
Fed Minutes Show All 19 Officials Backed the Hike and Most Expected Another by Year End. Markets Now Price 20%

Officials cited high equity prices and narrow credit spreads as evidence policy is not yet tight enough.

Read more
Next Post
stock market candlestick chart on dark screen

The Yen Just Hit a 40-Year Low — and Traders Think Japan Won't Intervene Until 163

close-up photo of monitor displaying graph

S&P 500 Profit Margins Hit a Record 14.8% — But Bulls Know Exactly How Fast This Can Unravel

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

factories with smoke under cloudy sky

Oil Prices Edge Lower in Thin Holiday Trading Despite Strong US Inventory Data

December 30, 2024
Microsoft’s AI Ambitions: A Costly Path Forward

Microsoft Urges Trump Administration to Ease AI Chip Export Restrictions Amid Global Competition

February 27, 2025
stock market candlestick chart on dark screen

30-Year Treasury Yields Near 2007 Highs — and Wall Street Is Divided on What to Do

May 19, 2026

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Legacy
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Opinions
    • Investing Philosophy
    • Op-Ed
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Investing Philosophy
  • Latest
  • Legacy
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Op-Ed
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto data centers Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Intel Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018