The House Financial Services Committee voted 28-21 (party-line, Record Vote FC-317) on Sept 16 to send the American Reserve Modernization Act (H.R. 8957) to the full House — the first Strategic Bitcoin Reserve bill ever to clear a full House committee, one day after the Senate killed the Clarity Act. A rewrite sets a single 20-year lockup clock for all reserve bitcoin starting at enactment.
The House Financial Services Committee voted 28-21 (party-line, Record Vote FC-317) on Sept 16 to send the American Reserve Modernization Act (H.R. 8957) to the full House — the first Strategic Bitcoin Reserve bill ever to clear a full House committee, one day after the Senate killed the Clarity Act. A rewrite sets a single 20-year lockup clock for all reserve bitcoin starting at enactment.
The House Financial Services Committee voted 28 to 21 on Wednesday, Sept. 16, 2026, to favorably report the American Reserve Modernization Act of 2026 (ARMA, H.R. 8957) to the full House — becoming the first Strategic Bitcoin Reserve bill to clear a full House committee, per CoinDesk. Every yes vote came from Republicans; all 21 Democrats voted no, and a Waters substitute amendment failed 21-28 (Record Vote FC-316).
The vote landed roughly 24 hours after the Senate's 49-50 cloture failure killed the Clarity Act market-structure bill — a two-day legislative whiplash: Senate says no to crypto market structure, House committee says yes to a statutory Bitcoin Reserve.
Before the final vote, the panel adopted an amendment-in-the-nature-of-a-substitute from Rep. Bryan Steil (R-Wis.), which reshaped the bill:
The reserve currently exists only via Executive Order 14233 (Mar 6, 2025), which directed agencies to retain forfeited bitcoin. ARMA would codify it in statute — a future administration could not dissolve the reserve with a pen stroke. Enactment would make the US government a statutory, decades-scale immobilized holder of roughly 1-1.5% of all bitcoin that can only exit through a Treasury recommendation capped at 10% per two years after the lock expires.
Same day, the House Ways and Means Committee advanced the Digital Asset Tax Certainty Act (H.R. 10357) 38-5 — the first federal crypto tax framework — and SEC Chair Paul Atkins and CFTC Chair Michael Selig both pledged to push crypto rules under existing authority after the Clarity failure. The post-Clarity regulatory posture is fragments moving forward, not retreat.
Path ahead: full House vote, Senate passage (60-vote threshold), presidential signature. Party-line committee support and the Clarity cloture failure make Senate passage the hard part.
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