Massie’s Fed-Abolition Bill Draws Fresh Bitcoin Attention After Citing Book

On June 16 2026, renewed coverage highlighted Rep. Thomas Massie’s Federal Reserve Board Abolition Act after he credited “The Bitcoin Standard” for inspiring the measure. The bill, originally introduced as H.R. 1846 on March 5 2025 with roughly two dozen cosponsors and a Senate companion (S. 869) from Sen. Mike Lee, would repeal the Federal Reserve Act, dissolve the Board of Governors and regional banks, and shift operations to the Treasury after one year. While passage odds remain extremely low and no immediate BTC price reaction occurred, the episode reinforces Bitcoin’s narrative as an alternative to central-bank money amid ongoing regulatory uncertainty.