SILVER Act
Sponsored by Fulcher, Russ (Republican-ID-1) · House · Introduced Mar 19, 2026
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Plain-English Summary (AI-assisted)
This bill proposes changes to federal commodity trading rules to reduce financial risk by allowing precious metals to be stored in multiple locations rather than concentrated in a few depositories. The goal is to increase competition among storage facilities and make the precious metals market more geographically diverse.
Legislative Status Timeline
Introduced
Mar 19, 2026
In Committee
Mar 19, 2026
Passed House
Pending
Passed Senate
Pending
Presidential Action
Pending
Sponsor
Fulcher, Russ
Independent · ID-1
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