Ask AI
H.R. 4758

FOMC Policy Responsibility Act

FOMC Policy Responsibility Act

This bill amends the Federal Reserve Act to require the Federal Open Market Committee to set the interest rates on balances maintained at Federal Reserve banks by depository institutions.

Placed on the Union Calendar, Calendar No. 837.

Rep. Tenney, Claudia [R-NY-22](R-NY)Sponsor
1committees9actions2related bills6subjects
  1. CalendarsH12410

    Placed on the Union Calendar, Calendar No. 837.

  2. CommitteeH12200

    Reported by the Committee on Financial Services. H. Rept. 115-1078.

    Financial Services Committee
  3. Committee5000

    Reported by the Committee on Financial Services. H. Rept. 115-1078.

    Financial Services Committee
  4. Committee

    Ordered to be Reported by Voice Vote.

    Financial Services Committee
  5. Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  7. Committee

    Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.

    Financial Institutions and Monetary Policy Subcommittee
  8. IntroReferralIntro-H

    Introduced in House

  9. IntroReferral1000

    Introduced in House

FOMC Policy Responsibility Act — Informed