Current outcome
The American Reserve Modernization Act (ARMA, H.R. 8957) passed the House Financial Services Committee 28-21 and must now pass the full House and Senate before reaching the president's desk.
Progress timeline
2 material updates- #01
The US Bitcoin reserve faces a crucial bipartisan test Wednesday
The House Financial Services Committee will mark up the American Reserve Modernization Act (ARMA), which would establish a federal Bitcoin reserve in statute, but the bill has only one Democratic cosponsor who does not sit on the committee.
Source evidence: CryptoSlate
- #02
US lawmakers advance bill to lock Trump’s Bitcoin reserve into law
The House Financial Services Committee passed the American Reserve Modernization Act of 2026 (H.R. 8957) by a 28-21 vote, advancing the bill to codify Trump's strategic Bitcoin reserve and require federally forfeited Bitcoin to be held at least 20 years.
State after update: The American Reserve Modernization Act (ARMA, H.R. 8957) passed the House Financial Services Committee 28-21 and must now pass the full House and Senate before reaching the president's desk.
Source evidence: Cointelegraph