When Rep. Matt Van Epps helped lead the American Reserve Modernization Act of 2026 this week, he framed the bill not as an abstract national security measure — but as a direct extension of what he sees happening in his own backyard.
“Nashville is one of the nation’s leading Bitcoin hubs,” Van Epps said in a statement to Bitcoin Magazine, pointing to Bitcoin Park, the city’s growing digital asset community, and the annual Bitcoin conference, set to return to Nashville in 2027.
“Nashville is quickly emerging as one of the nation’s leading Bitcoin hubs, with a growing digital asset community, institutions like Bitcoin Park, and the annual Bitcoin conference, which is scheduled to come back to Nashville in 2027,” Van Epps said. “Supporting this bill means supporting the financial innovation taking place in my district.”
For the freshman congressman from Tennessee’s 7th District — a West Point graduate and combat helicopter pilot who won his seat in a December 2025 special election — this is personal. The bill is, in his telling, a statement about what his district already represents.
Van Epps co-led the legislation alongside Rep. Nick Begich (R-AK), who introduced the American Reserve Modernization Act of 2026, known as ARMA. The bill would codify President Trump’s March 2025 executive order establishing a Strategic Bitcoin Reserve — giving it the force of statute rather than leaving it to the discretion of future administrations.
The reserve would sit inside the U.S. Department of the Treasury and hold BTC seized through federal law enforcement forfeitures and civil penalties.
Van Epps’ central argument for the legislation is fiscal. “With a national debt of $39 trillion, this is an essential piece of legislation,” he said. Under ARMA, any future sale of Bitcoin from the reserve would be permitted for only one purpose: reducing the national debt. No transfers to other government programs, no discretionary spending — just debt reduction. The reserve, he stressed, “would be established without cost to American taxpayers”.
The bill also draws a firm line on property rights. Van Epps and Begich included language affirming that the federal government cannot interfere with an individual’s right to own, transfer, or self-custody digital assets — a provision that reflects the libertarian undertow running through much of the pro-Bitcoin caucus in Congress.
Van Epps: Bitcoin can fix some problems in the U.S.
For Van Epps, the argument goes beyond portfolio management. He described the reserve as something with the potential to “solve major problems” for the country, with the national debt chief among them. Bitcoin’s fixed supply and its appreciation over time, in his view, give the United States a tool that gold certificates and traditional reserves cannot match.
The bill requires BTC in the reserve to be held for a minimum of 20 years — a provision designed to take the asset out of short-term political calculations and treat it as a generational balance sheet decision.
Quarterly public Proof of Reserve reports and independent third-party audits would accompany the reserve, adding a layer of statutory transparency that the existing executive order lacks.
Eighteen original co-sponsors signed on, stretching across nine states. The Senate remains the harder terrain — competing crypto legislation is moving through committee there, and the path to 60 votes is unclear.