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Congress·In Committee·H.R. 8957

American Reserve Modernization Act of 2026

Rep. Begich Leads Bipartisan Push to Create a National Strategic Bitcoin Reserve

The American Reserve Modernization Act of 2026 is currently in the early stages of the legislative process. It was recently introduced and sent to the House Committee on Financial Services for review. There are no upcoming votes scheduled at this time.

Legislative Progress

House
Senate
President
Law
Unlikely to pass

While the bill has bipartisan support, creating a new national reserve asset is a massive change that usually takes years of debate and multiple sessions of Congress to pass.

Key Points

Economy FinanceTechnology Digital

Impact Analysis

Personal Impact

Life & Work

Treasury Department employees and staff at other agencies would take on new responsibilities related to digital asset management, custody, reporting, and cybersecurity. Within 60 days, every federal agency head must provide a full accounting of all digital assets under their control. This creates new specialized roles but also new compliance burdens for federal workers.

Within 60 days after the date of enactment of this Act, the head of each Federal agency shall provide to the Secretary a complete accounting of all Bitcoin and any other digital assets held, seized, or otherwise under the control of such agency.
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ImpactCertaintyScopeDurationSentiment

Activities

Milestones

2 milestones2 actions
May 21, 2026House

Referred to the House Committee on Financial Services.

May 21, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

American Reserve Modernization Act of 2026

Bill NumberHR 8957
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on Financial Services.

Sponsor

Cosponsors

(22)
D: 1R: 21

Analysis generated by AI. Always verify with official sources.