Proposed
Bill · 119th Congress · S 3659
SECURE Minerals Act of 2026
Refreshed 5 h ago
Introduced 2026-01-15Topic: economy jobs · energy · budgetSummary
AI-generated summary, report an errorThis bill would create a government-owned corporation called the Strategic Resilience Reserve Corporation of the United States to buy, store, finance, and sell critical minerals and materials. A 7-member board appointed by the President and confirmed by the Senate would run it, with members serving 14-year terms. The Reserve could make loans to approved private intermediaries, buy minerals through contracts and financial instruments, make limited equity investments, and sell stored minerals during shortages, but could not support or sell to entities linked to countries of concern. The bill authorizes $2.5 billion for the Reserve and allows partner countries to contribute at least $100 million each.
Sponsors
- Jeanne Shaheen Democrat sponsor
- 9 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-01-15 | Senate | Read twice and referred to the Committee on Energy and Natural Resources. | refer |
| 2026-01-15 | Introduced in Senate | introduce |