H.R. 8957, the American Reserve Modernization Act of 2026, advanced out of committee on September 16, 2026.
H.R. 8957 — American Reserve Modernization Act of 2026
What it does
This bill directs the Treasury Department to establish a Strategic Bitcoin Reserve to hold Bitcoin seized or forfeited by the federal government, and a Digital Asset Stockpile for other cryptocurrencies. The government would hold Bitcoin for a minimum of 20 years, with quarterly public audits. The bill also requires a study on whether the U.S. can acquire additional Bitcoin without increasing the national debt, and allows states to voluntarily store their own Bitcoin holdings in segregated accounts within the federal reserve.
Quorum's transparency scan gave American Reserve Modernization Act of 2026 a high transparency warning.
What happens next
H.R. 8957 advanced out of committee. Next stop: a floor vote.
Who is behind it
Filed by Nicholas Begich. Cosponsored by Abraham Hamadeh, Addison McDowell, Andrew Ogles and Barry Moore.
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