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H.R.3633 - Digital Asset Market Clarity Act of 2025 119th Congress (2025-2026) Section Summary:

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SEC. 315.Discretionary Surplus Fund. (a) In general.—The dollar amount specified under section 7(a)(3)(A) of the Federal Reserve Act (12 U.S.C. 289(a)(3)(A)) is reduced by $15,000,000. (b) Effective date.—The amendment made by subsection (a) sh

Original Bill Text:

SEC. 315.Discretionary Surplus Fund. (a) In general.—The dollar amount specified under section 7(a)(3)(A) of the Federal Reserve Act (12 U.S.C. 289(a)(3)(A)) is reduced by $15,000,000. (b) Effective date.—The amendment made by subsection (a) shall take effect on September 30, 2035. TITLE IV—Registration for Digital Commodity Intermediaries at the Commodity Futures Trading Commission