Nick Begich

Representative Nick Begich introduced the American Reserve Modernization Act (ARMA) in Congress, which would establish a U.S. Strategic Bitcoin Reserve requiring the federal government to hold Bitcoin for at least 20 years and acquire up to one million BTC over five years. The legislation codifies President Trump's March 2025 executive order and would apply to Bitcoin already held by the government from criminal cases like Silk Road and Bitfinex seizures.

Rep. Nick Begich introduced the American Reserve Modernization Act (ARMA) to establish a permanent U.S. strategic bitcoin reserve, building on President Trump's March 2025 executive order. The bipartisan bill would authorize the Treasury to acquire up to 200,000 BTC annually for five years, targeting 1 million bitcoin total, with support from more than a dozen co-sponsors in Congress.

Congressional Republicans' changes to the Affordable Care Act and Medicaid are resulting in coverage losses, with about 1.2 million fewer people signed up for ACA coverage compared to last year. The changes are expected to put more stress on the health system and increase concerns about health costs. Nebraska has become the first state to impose new work requirements on Medicaid recipients who enrolled under the ACA expansion.

At the Bitcoin 2026 Conference, panelists including Congressman Nick Begich, Joe Kelly of Unchained, and Zach Herbert of Foundation Devices argued that Bitcoin self-custody should be recognized as a protected civil liberty. They emphasized private property rights, historical precedents like the 1933 gold confiscation, and the need for legislative action to prevent centralized control of digital assets.