Speaker of the House Mike Johnson (R-LA) said Congress will transmit a bipartisan housing affordability bill to President Donald Trump for his signature or veto [1].

The move comes as the administration seeks to address rising costs for homeowners and renters across the U.S. The bill represents a bipartisan effort to stabilize the housing market through legislative action.

Johnson met with Trump on Thursday in Washington, D.C., to discuss the legislation [1]. The meeting served as a coordination point between House leadership and the White House to ensure the bill moves forward toward final approval [2].

Once the bill reaches the president's desk, a specific legal timeline begins. Trump has 10 days to either sign the legislation into law or issue a veto [2].

In addition to the housing legislation, the two leaders discussed the SAVE Act [1]. This discussion occurred alongside broader policy issues currently facing the GOP and the legislative branch.

While some reports suggested the housing bill was cancelled, verified details indicate the process is continuing toward the president's desk [1]. There is no evidence from primary reporting that the meeting focused on Iran war turmoil or that the housing bill was discarded [1], [2].

Congress will transmit a bipartisan housing affordability bill to Trump for his signature or veto

The transmission of the housing affordability bill signifies a push for a tangible legislative win on domestic economic issues. By adhering to the 10-day constitutional window for presidential action, the process moves from the legislative phase to the executive phase, where the final decision on the bill's implementation rests with the president.