Rep. Massie Introduces H.R. 1846 in March 2025 to Abolish Federal Reserve, Citing The Bitcoin Standard

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According to Rep. Thomas Massie's official office, the lawmaker introduced H.R. 1846, the Federal Reserve Board Abolition Act, in March 2025, explicitly citing The Bitcoin Standard as intellectual foundation for the legislation. The bill proposes eliminating the Federal Reserve Board of Governors and Federal Reserve banks. Massie's reference to the book, which connects Bitcoin to Austrian economics and hard-money critique, has drawn renewed attention from the cryptocurrency community, as the legislation aligns with Bitcoin's original premise of distrust toward central bank monetary systems.
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