Trump Abruptly Cancels Housing Bill Signing Ceremony
6/24/20262 min
Plus: Camp Mystic files for bankruptcy protection a year after deadly flood. U.S. new home sales fell in May. And SK Hynix plans U.S. stock-market listing. Anthony Bansie hosts.
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First 90 secondsSpeaker 10:00
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Anthony Bansie· Host0:29
Here's your midday brief for Wednesday, June 24th. I'm Anthony Bansi for the Wall Street Journal. President Trump abruptly canceled a scheduled signing ceremony for a major bipartisan housing bill today. He said he will not sign any legislation until Congress passes his voter eligibility measure, the Save America Act. Republican Senate Majority Leader John Thune has publicly said the voting bill lacks the votes necessary to pass. Camp Mystic, the girls camp in Texas where 28 people died in a flash flood last year, has filed for Chapter 11 bankruptcy protection. The camp reported debts of between $10 and $50 million with its own assets under $10 million. Last week, state investigators said the camp lacked a written evacuation plan and that senior leaders had ignored life-threatening weather warnings before the disaster. New home sales in the U.S. fell in May, missing economist expectations. The Census Bureau and the Department of Housing and Urban Development