Will Sen. Lummis Formally Introduce the ARMA Senate Companion Bill Before the August 7, 2026 Recess?
146,011 Vol.17 days ago (Aug-08-2026 03:59:00 AM UTC)
DescriptionThe American Reserves Modernization Act (ARMA, H.R. 8957), introduced in the House by Reps. Begich and Golden on May 21, 2026, mandates Treasury to purchase up to 200,000 BTC/year for 5 years with a 20-year minimum lockup. Sen. Cynthia Lummis is championing a Senate companion bill, warning that missing the August 7 recess deadline could push the next legislative window to 2030. As of July 14, 2026, no Senate companion to ARMA has been formally introduced.
- This event resolves YES if a new Senate companion bill to ARMA receives an official "S." bill number (introduced after May 21, 2026) and is formally entered into the Congressional Record before August 7, 2026 at 11:59 PM ET. Pre-existing bills such as S. 954 (introduced March 2025) do NOT satisfy this condition. Resolves NO if no such new Senate introduction occurs before that deadline.
- 1. Specificity: A formal Senate bill introduction means the text is assigned a new "S." bill number by the Senate clerk after May 21, 2026.
- 2. Exclusion: White House endorsements, hearings, draft releases, floor discussions, or press statements do NOT count. Pre-existing bills (e.g., S. 954) do NOT qualify.
- 3. Source Hierarchy: congress.gov is primary. Senate.gov is secondary. Reuters/AP/Bloomberg are tertiary.
- 4. Timing: Must occur before August 7, 2026 at 11:59 PM ET. Any introduction on or after August 7 ET resolves NO.
- 5. Cancellation Rule: If introduced then immediately tabled before August 7 — resolves YES based on the date of formal introduction.