Sen. Elizabeth Warren (D-Mass.) has a theory about why President Donald Trump refused to sign a bipartisan housing bill that later became law anyway — and it's not exactly flattering.

In an episode of All In with Chris Hayes on MS Now Monday, Warren questioned Trump's decision not to sign the 21st Century ROAD to Housing Act, a bill that passed Congress overwhelmingly and became law automatically without his signature in mid-July 2026.

"He doesn't care about families in America; he doesn't care about their costs; he doesn't care about how they are struggling," Warren said. She added that Trump also doesn't care about Republicans in the House and Senate who could have claimed a win beyond "a tax break for billionaires."

Warren expanded on her theory that the President rejected the bill because it offered no personal benefit to him. "No gold statues for Donald Trump, no gold bars for Donald Trump, no naming opportunities for Donald Trump, no arches for Donald Trump in this housing bill," the Massachusetts Senator said.

The bipartisan housing legislation aims to boost supply by cutting construction costs, lowering overall housing prices, and, for the first time, restricting private equity firms from purchasing large numbers of single-family homes to prevent turning homeowners into renters.

Trump Ties Housing to SAVE Act

Last month, Trump decided to veto the 21st Century ROAD to Housing Act because the Senate failed to pass the SAVE America Act, tying his decision to the unrelated legislative dispute.

"I will not sign the Housing Bill… in PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT," Trump wrote on Truth Social earlier this month. Previously, Trump dismissed the bipartisan housing bill as insignificant compared with the SAVE America Act, calling it "a big yawn."

On the other hand, earlier this year, Opendoor Technologies Inc. (OPEN) CEO Kaz Nejatian praised Trump's approach to housing affordability, saying recent policy measures are tackling long-standing obstacles that have priced middle-class families out of the single-family housing market.

He praised Trump's $200 billion mortgage-backed securities purchase plan by tapping funds held by government‑sponsored enterprises Fannie Mae (FNMA) and Freddie Mac (FMCC) as "genuinely amazing," saying it is aimed at lowering interest rates and that its effects are already being seen in local markets.