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FOMC Policy Responsibility Act
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
95pct
336d open
vs 7,393 other HR bills in the 115th — cohort avg 50d
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.
Reported by the Committee on Financial Services. H. Rept. 115-1078.
Congress.gov source codes: 5000, H12200
Ordered to be Reported by Voice Vote.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Financial Services.
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Introduced in House
Congress.gov source codes: 1000, Intro-H
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Sources: Congress.gov