US House committee to vote on Strategic Bitcoin Reserve bill
The U.S. House Financial Services Committee is scheduled to deliberate on H.R. 8957, the 'Bitcoin Reserve Modernization Act of 2026,' on Wednesday, September 16, 2026. Introduced by Representative Nick Begich with Jared Golden as a co-sponsor, the bill proposes establishing a strategic Bitcoin reserve within the Treasury and a separate digital asset reserve for non-Bitcoin assets. The legislation includes provisions for incorporating confiscated Bitcoin into the reserve and utilizing proceeds from non-Bitcoin asset sales for further acquisitions or national debt repayment. The committee session is set to begin at 10:00 a.m. ET.
Summaries are written by AI from the original article. Not investment advice.