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To amend the Commodity Exchange Act to reduce systemic risk while increasing geographical diversity and competition with respect to depositories for the storage of precious metals, and for other purposes.

3/20/2026, 8:06 AM

Summary of Bill HR 8007

H.R. 8007 of the 119th Congress, introduced on March 19, 2026, aims to amend the Commodity Exchange Act to enhance geographical diversity and competition in the storage of precious metals, thereby decreasing systemic risk.

Current Status of Bill HR 8007

Bill HR 8007 is currently in the status of Bill Introduced since March 19, 2026. Bill HR 8007 was introduced during Congress 119 and was introduced to the House on March 19, 2026.  Bill HR 8007's most recent activity was Referred to the House Committee on Agriculture. as of March 19, 2026

Bipartisan Support of Bill HR 8007

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8007

Primary Policy Focus

Alternate Title(s) of Bill HR 8007

To amend the Commodity Exchange Act to reduce systemic risk while increasing geographical diversity and competition with respect to depositories for the storage of precious metals, and for other purposes.
To amend the Commodity Exchange Act to reduce systemic risk while increasing geographical diversity and competition with respect to depositories for the storage of precious metals, and for other purposes.

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