In CommitteeFiled Mar 19, 2026
Sponsor: Rep. Fulcher, Russ [R-ID-1] (R)
Latest Action
Referred to the House Committee on Agriculture.
Mar 19, 2026
Summary
The bill amends the Commodity Exchange Act so that derivatives clearing organizations must add and approve precious‑metal storage facilities in multiple U.S. time zones. It aims to spread storage risk away from the New York area, increase competition, and lower costs for traders and investors. The changes affect clearing houses, vault operators, and anyone trading metal futures.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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