Bill · H.R. 2112· House(119-HR-2112)
To give the force and effect of law to the Executive Order issued on March 6, 2025 entitled "Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile".
- Introduced
- 3/14/2025
- Last activity
- 3/14/2025 — Referred to the House Committee on Financial Services.
- Sponsored by
- Byron Donalds
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill aims to give the force and effect of law to a specific Executive Order. The Executive Order was issued on March 6, 2025. It is entitled ``Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile''. By passing this bill, the contents of that order would become law.
Yes· 3 of 7
Is this likely to grow the economy?+3
Establishing a strategic digital asset stockpile is intended to bolster national economic strength through digital assets.
Does this give the federal government more power?+3
The bill formalizes an Executive Order into federal law, expanding the central government's control over digital assets.
Would people with substantial wealth be better off under this?+2
The establishment of a digital asset reserve may benefit those heavily invested in the cryptocurrency market.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- The bill seeks to establish a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile through the enforcement of the March 6, 2025, Executive Order (Section 1).
Potential Negative Impacts for People
- The provided text does not list any specific provisions that would result in negative consequences or burdens for individuals or groups of people.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Billionaires+2Good For High Net Worth Individuals+2Good For Ultra High Net Worth Individuals+2
- Economy And Finance
- Improves Economic Growth+3Improves Fiscal Responsibility+1
- Governance And Ideology
- Increases Federal Power+3
- National Security And Foreign Policy
- Improves Cybersecurity Defense+2
- 3/14/2025
- Referred to the House Committee on Financial Services.
- Introduced in House