In CommitteeFiled May 21, 2026
Sponsor: Sen. Risch, James E. [R-ID] (R)
Latest Action
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
May 21, 2026
Summary
The bill amends the Commodity Exchange Act so that major derivatives clearing organizations must create clear, public rules for choosing vaults that store gold, silver, platinum and palladium. They must approve at least two vaults in each U.S. time zone, weighing geographic spread, competition, risk management and storage costs. The goal is to cut the concentration of metal storage near New York, improve market liquidity and protect the financial system.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when S 4621 changes status, plus AI-powered summaries and stage predictions.
Sign up free