Track the bill here.
It was introduced on March 14 by Rep. Byron Donalds (R-FL-19). As of writing, it is currently in the House Committee on Financial Services, and does not have any additional cosponsors.
Trump’s March 6 Executive Order mandates that the Secretary of the Treasury establish a strategic reserve of Bitcoin. It also, notably, does not allow the government to purchase other cryptocurrencies, only obtain them via “criminal or civil asset forfeiture proceedings or in satisfaction of any civil money penalty imposed by any agency.”
At least the Treasury can’t buy $DOGE!