The U.S. Senate Committee on Banking, Housing, and Urban Affairs has advanced the 21st Century ROAD to Housing Act, a bipartisan housing reform bill that includes a significant provision banning the Federal Reserve from issuing a Central Bank Digital Currency (CBDC). The legislation passed with overwhelming support by a vote of 84-6, reflecting rare bipartisan alignment on both housing and digital currency policy. The 21st Century ROAD to Housing Act was introduced on Monday by the Committee Chairman Tim Scott and Ranking Member Elizabeth Warren, respectively the top Republican and Democrat on the committee. The bill ... (full story)