S 4092 · 119th Congress · Social Welfare

No Crypto in Social Security Act

Introduced 2026-03-12· Sponsored by Sen. Durbin, Richard J. [D-IL]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (text: CR S1049)(2026-03-12)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4092 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4092 To amend the Social Security Act to prohibit the Social Security Trust Funds from investing in cryptocurrency. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 12, 2026 Mr. Durbin introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Social Security Act to prohibit the Social Security Trust Funds from investing in cryptocurrency. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``No Crypto in Social Security Act''. SEC. 2. PROHIBIT SOCIAL SECURITY TRUST FUNDS FROM INVESTING IN CRYPTOCURRENCY. Section 201 of the Social Security Act (42 U.S.C. 401) is amended-- (1) in subsection (d), by inserting after the second sentence the following: ``Such investment may not be made in any digital asset or any crypto-related inves…

Summarized by Claude AI · Non-partisan · For informational purposes only