S 4092 United States Senate · 119th Congress

No Crypto in Social Security Act

This bill would prohibit the Social Security Trust Funds from investing in cryptocurrency or any crypto-related investments. It directly affects the Social Security system by amending the Social Security Act to ban digital assets and related financial products from the fund's investment portfolio. The legislation defines "digital asset" using the existing definition from the GENIUS Act and includes various crypto-related investments such as funds tied to digital asset futures, stocks of companies deriving value from digital assets, and other assets whose value depends on cryptocurrency. This change would remove cryptocurrency from the list of allowable investments for Social Security's trust funds.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
President
Introduced Mar 12, 2026 Last action Mar 12, 2026
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Full legislative history

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Total actions
2
Key actions
0
Committee
1
Mar 12, 2026
Committee
Read twice and referred to the Committee on Finance. (text: CR S1049)
upper
Mar 12, 2026
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Richard J. Durbin
Richard J. Durbin
DDemocratic
IL
n/a