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US House Financial Services Committee advances strategic Bitcoin reserve bill

The American Reserve Modernization Act of 2026 (H.R. 8957) passed the US House Committee on Financial Services in a 28-21 vote to put President Trump’s strategic Bitcoin reserve plan into law.

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US lawmakers on Wednesday moved to enshrine US President Donald Trump’s executive order to create a strategic Bitcoin reserve in law. R. 8957) cleared the US House Committee on Financial Services by a 28-21 vote. The bill would establish a Strat…