Trump cancels plan to sign major housing bill as he fights with Congress over the SAVE Act

Key Points:

• President Donald Trump abruptly canceled the signing ceremony for a bipartisan housing bill, linking its approval to the passage of the SAVE America Act, a controversial elections overhaul bill he deems a "National Emergency."
• The housing bill, aimed at lowering housing costs by increasing supply and limiting large investors, passed Congress with strong bipartisan support, but Trump called it "of minor importance" compared to the SAVE America Act.
• Republican leadership acknowledges they lack the votes to pass the SAVE America Act due to Democratic opposition and reluctance within their own party to eliminate the legislative filibuster.
• Some House Republicans support using the SAVE America Act as leverage, even vowing to block other legislation until it passes, while others express frustration and concern about the political consequences ahead of the November elections.
• Democrats criticized Trump for refusing to sign the housing bill, arguing it would help lower living costs, and Senate Minority Leader Chuck Schumer suggested there are enough votes to override a potential veto.