HRES238-118

In Committee

Expressing the sense of the House of Representatives regarding the importance of Proof-of-Work mining, used for certain cryptocurrencies such as Bitcoin, to the United States ability to achieve its energy goals and grow its economy.

118th Congress Introduced Mar 21, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill imposes that it is the sense of the House of Representatives that— energy development should be a key pillar to the growth of the United States economy, infrastructure, and national security, and Proof-of-Work mining. It relies on trade restrictions. The main policy areas are Energy, Finance, Foreign Policy, and Defense.

Who Benefits and How

The main beneficiaries are the people, organizations, or agencies identified in the bill's substantive provisions.

Who Bears the Burden and How

National security and critical infrastructure stakeholders affected by the bill would take on compliance duties, Foreign businesses and cross-border trade participants affected by the bill would take on compliance duties, and Financial services firms and customers affected by the bill would take on compliance duties.

Key Provisions

  • Imposes that it is the sense of the House of Representatives that— energy development should be a key pillar to the growth of the United States economy, infrastructure, and national security, and Proof-of-Work mining...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill imposes that it is the sense of the House of Representatives that— energy development should be a key pillar to the growth of the United States economy, infrastructure, and national security, and Proof-of-Work mining.

Key Policy Areas

Energy, Finance, Foreign Policy, Defense

Primary Purpose

The bill imposes that it is the sense of the House of Representatives that— energy development should be a key pillar to the growth of the United States economy, infrastructure, and national security, and Proof-of-Work mining.

Policy Domains

Energy Finance Foreign Policy Defense

Whole bill

Identified Costs
  • National security and critical infrastructure stakeholders affected by the bill
  • Foreign businesses and cross-border trade participants affected by the bill
  • Financial services firms and customers affected by the bill
  • Energy producers and energy supply-chain firms affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Financial services firms and customers affected by the bill:
Energy producers and energy supply-chain firms affected by the bill:
Foreign businesses and cross-border trade participants affected by the bill:
National security and critical infrastructure stakeholders affected by the bill:

Legislative Progress

In Committee
Introduced Committee Passed
Mar 21, 2023

Mr. Sessions submitted the following resolution; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Energy Finance Foreign Policy Defense

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology