Woofun AI reports that the House of Representatives hearing on the CLARITY Act in New York will include discussion of H.R.8957, the American Reserve Modernization Act. This legislation proposes establishing a strategic Bitcoin reserve for the United States, granting the Treasury Department authority to acquire Bitcoin through budget-neutral mechanisms that do not increase taxpayer costs. The bill mandates regular audits, specific security standards for storage, and transparency regarding government Bitcoin holdings. Proponents argue that the ARMA would elevate Bitcoin to the status of a long-term strategic reserve asset comparable to traditional national reserves. While the primary focus remains on how the CLARITY Act fosters digital asset innovation, the inclusion of ARMA signals that congressional deliberations on a federal Bitcoin reserve continue.