00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump canceled plans to sign a bipartisan housing bill on Wednesday,
00:06saying he will not do so until Congress passes the Save America Act, according to NBC News.
00:13Trump has urged Republicans to pass the Save America Act,
00:16which would add new proof of citizenship and voter ID requirements nationwide.
00:20He called the election bill a national emergency and said the housing signing was canceled until
00:25it passes. The housing bill passed the House and Senate this week with broad bipartisan support.
00:31It aims to lower costs by building more homes and limiting large investors from buying single
00:36family homes. Republican leaders said they do not have the votes to pass the Save America Act
00:41because of Democratic opposition and resistance to eliminating the filibuster.
00:46The president's cancellation of the housing bill signing is expected to increase tensions
00:50between the White House and Senate Republicans. Trump focused on the election bill and the Iran
00:54war during the Senate lunch rather than the housing bill, according to senators.
00:59For all things money, visit Benzinga.com.
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