American Reserve Modernization Act of 2026
To establish a Strategic Bitcoin Reserve and other programs to ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes.
The American Reserve Modernization Act of 2026 aims to create a Strategic Bitcoin Reserve, which would manage the Federal Government's Bitcoin holdings in a transparent manner. The bill also intends to use specific resources from the Federal Reserve System to cover the costs of this new reserve. This legislation would impact the way the government handles digital assets and could influence the financial sector.
Those affected by this bill include the Federal Reserve, financial institutions, and potentially the general public as it pertains to the management of government assets. The establishment of the Strategic Bitcoin Reserve could have broader implications for how the government engages with cryptocurrencies.
HB8957 was introduced on May 21, 2026, and has been referred to the House Committee on Financial Services. This marks the beginning of its journey through the legislative process, where it will be reviewed, debated, and possibly amended before any vote could occur.
