TREE NEWS update: The US House Financial Services Committee will mark up H.R. 8957, the American Reserve Modernization Act of 2026, on Wednesday, September 16, 2026, beginning at 10:00 ET. Introduced by Rep. Nick Begich with Rep. Jared Golden as the sole Democratic co-sponsor, the bill would create a Strategic Bitcoin Reserve at the Treasury and a separate digital asset reserve for non-bitcoin assets.
US Strategic Bitcoin Reserve Bill Heads to House Committee Vote Wednesday
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AI take
The bill's significance lies less in its bitcoin reserve than in its bipartisan framing: a single Democratic co-sponsor and a separate non-bitcoin digital asset reserve signal an attempt to broaden the debate beyond a purely partisan crypto play. That structure matters for how Treasury custody and asset-class treatment could be framed in future legislation. The open question is whether the markup produces amendments that narrow or widen the non-bitcoin reserve, since that provision, not the bitcoin headline, is where the bill's precedent-setting weight sits.
Generated by AI for reference only.
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