US Lawmakers Advance Bill to Make Trump’s Bitcoin Reserve Law
U.S. lawmakers moved closer to formalizing President Donald Trump’s plan for a government-held Bitcoin program after the American Reserve Modernization Act of 2026 cleared the House Committee on Financial Services. The bill, H.R. 8957, passed the committee on Wednesday in a 28–21 vote and would create a “Strategic Bitcoin Reserve” alongside a separate “Digital Asset Stockpile” at the Department of the Treasury. These reserves would cover federally held Bitcoin and other digital assets acquired through criminal or civil forfeiture.