Trump’s Bitcoin Stockpile Plan Stalls Over Spending Rules

David Witt, who left the White House crypto council in October, said Donald Trump remains keen to add bitcoin to the strategic reserve. The obstacle is simple: Congress controls federal spending and has already blocked open-market purchases through the latest defense authorization bill.

The March 2025 executive order only allowed the use of already-seized coins and asked Treasury and Commerce to find budget-neutral ways to buy more. No plan has been released, and the November 3 midterm results, which gave Democrats control of both chambers, have made new legislation even harder.

Witt warned that without congressional backing the reserve rests on presidential orders that a future administration can scrap immediately. With Elizabeth Warren likely to lead the Senate Banking Committee, the political window for expanding the stockpile looks narrow.

Based on information from cryptonews.net