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Proposed

Bill · 119th Congress · HR 8957

American Reserve Modernization Act of 2026

Refreshed 2 h ago

Introduced 2026-05-21Topic: economy jobs · budget · technology privacy

Summary

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This bill would require the Treasury Department to set up a Strategic Bitcoin Reserve and a separate Digital Asset Stockpile within 180 days, and to move all federal agencies' forfeited Bitcoin and other digital assets into them. Bitcoin in the Reserve would have to be held for at least 20 years before any sale, and afterward the Treasury could recommend selling up to 10 percent in any 2-year period. The Treasury would publish quarterly public reports on the Reserve, checked by an independent auditor and overseen by the Comptroller General. States could choose to store their own Bitcoin in separate accounts in the Reserve. The Treasury and Commerce Departments would study whether more Bitcoin could be acquired without adding to the national debt, and the bill states it does not authorize borrowing, new taxes, or deficit spending to buy Bitcoin.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-09-16HouseOrdered to be Reported (Amended) by the Yeas and Nays: 28 - 21.refer
2026-09-16HouseCommittee Consideration and Mark-up Session Heldrefer
2026-05-21HouseReferred to the House Committee on Financial Services.refer
2026-05-21Introduced in Houseintroduce
2026-05-21Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-25. Provisions and opinion polling arrive in a later release.