Trump says he will not sign housing bill as it moves toward becoming law

President Donald Trump said he will not sign a bipartisan housing bill that Congress passed in June, putting the measure on track to become law automatically if he does not issue a veto before the deadline. The legislation, known as the 21st Century ROAD to Housing Act, aims to help reduce housing costs and limit the role of institutional investors in the market. Trump said he was holding back his signature in response to the Senate’s failure to advance the SAVE America Act, an election bill he has made a priority. The housing bill passed the House and Senate with large margins, enough to override a veto if Congress chose to do so. The White House did not say whether Trump would veto it, and Democrats criticized his stance as housing costs remain elevated nationwide.