Bitcoin News said in a post on X that a House field hearing on the CLARITY Act in New York will also examine H.R. 8957, the America’s Reserve Modernization Act, a proposal that would create a U.S. strategic Bitcoin reserve. The bill would authorize the Treasury Department to acquire Bitcoin through a budget-neutral mechanism rather than through new taxpayer spending. It also calls for regular audits, secure custody standards, and transparency around the government’s Bitcoin holdings. Supporters say ARMA would treat Bitcoin as a long-term strategic reserve asset alongside other national reserves. The hearing is primarily focused on how the CLARITY Act could unlock digital asset innovation, and ARMA’s inclusion on the agenda indicates that congressional discussions over a federal Bitcoin reserve are still moving forward.
Bitcoin News said in a post on X that a House field hearing on the CLARITY Act being held in New York today will also cover H.R. 8957, the America’s Reserve Modernization Act, a bill that would establish a U.S. strategic Bitcoin reserve.
Under the proposal, the Treasury Department would be authorized to acquire Bitcoin through a budget-neutral mechanism rather than through new taxpayer spending. The measure also calls for regular audits, secure custody standards, and transparency over the government’s Bitcoin holdings.
Supporters say ARMA would position Bitcoin as a long-term strategic reserve asset alongside other national reserves. While the hearing is centered on how the CLARITY Act could unlock digital asset innovation, ARMA’s inclusion on the agenda shows that congressional discussion around a federal Bitcoin reserve remains active.
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