US HB7126

Establishes the Strategic Resilience Reserve Corporation as a wholly owned government corporation to secure critical mineral and material supply chains, with $2.5 billion in authorized appropriations

Creates a 7-member Board of Governors appointed by the President for staggered 14-year terms to oversee Reserve operations, with a target of achieving at least 25% domestic/partner country production rate for critical minerals

Authorizes the Reserve to provide financing tools including loans to authorized intermediaries, direct acquisitions, non-recourse lending, and minority equity investments to support domestic and partner country critical mineral production and processing

Identifies China as a primary supply chain threat, prohibiting transactions with "foreign entities of concern" and requiring the Reserve to conduct biennial risk assessments of critical mineral market vulnerabilities

Requires annual audits, biennial Comptroller General reviews, public transaction databases, and annual reports to Congress detailing Reserve operations and progress toward reducing dependence on adversary-controlled supply chains