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Monetary Policy Transparency and Accountability Act of 2017

USA115th CongressHR-4270| House 
| Updated: 4/25/2018
Andy Barr

Andy Barr

Republican Representative

Kentucky

Cosponsors (5)
Robert Pittenger (Republican)Todd Rokita (Republican)Ann Wagner (Republican)Bill Huizenga (Republican)Ted Budd (Republican)

Financial Services Committee, Financial Institutions and Monetary Policy Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Monetary Policy Transparency and Accountability Act of 2017 This bill amends the Federal Reserve Act to require the Federal Open Market Committee to annually publish its monetary policy strategy. The strategy must include short-term interest-rate targets, open-market operations, and earnings on Federal Reserve bank balances. The Chairman of the Federal Open Market Committee is required to report on such strategy semiannually.

Bill Text Versions

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Timeline
Nov 7, 2017
Introduced in House
Nov 7, 2017
Referred to the House Committee on Financial Services.
Nov 7, 2017
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Nov 14, 2017
Committee Consideration and Mark-up Session Held.
Nov 14, 2017
Ordered to be Reported by the Yeas and Nays: 33 - 26.
Apr 25, 2018
Placed on the Union Calendar, Calendar No. 500.
Apr 25, 2018
Reported by the Committee on Financial Services. H. Rept. 115-652.
  • November 7, 2017
    Introduced in House
  • November 7, 2017
    Referred to the House Committee on Financial Services.
  • November 7, 2017
    Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
  • November 14, 2017
    Committee Consideration and Mark-up Session Held.
  • November 14, 2017
    Ordered to be Reported by the Yeas and Nays: 33 - 26.
  • April 25, 2018
    Placed on the Union Calendar, Calendar No. 500.
  • April 25, 2018
    Reported by the Committee on Financial Services. H. Rept. 115-652.

Economics and Public Finance

Related Bills

  • HR 115-6741: Federal Reserve Reform Act of 2018
Administrative law and regulatory proceduresCongressional oversightFederal Reserve SystemGovernment information and archivesInterest, dividends, interest ratesMonetary policy

Monetary Policy Transparency and Accountability Act of 2017

USA115th CongressHR-4270| House 
| Updated: 4/25/2018
Monetary Policy Transparency and Accountability Act of 2017 This bill amends the Federal Reserve Act to require the Federal Open Market Committee to annually publish its monetary policy strategy. The strategy must include short-term interest-rate targets, open-market operations, and earnings on Federal Reserve bank balances. The Chairman of the Federal Open Market Committee is required to report on such strategy semiannually.

Bill Text Versions

View Text
2 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 7, 2017
Introduced in House
Nov 7, 2017
Referred to the House Committee on Financial Services.
Nov 7, 2017
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Nov 14, 2017
Committee Consideration and Mark-up Session Held.
Nov 14, 2017
Ordered to be Reported by the Yeas and Nays: 33 - 26.
Apr 25, 2018
Placed on the Union Calendar, Calendar No. 500.
Apr 25, 2018
Reported by the Committee on Financial Services. H. Rept. 115-652.
  • November 7, 2017
    Introduced in House
  • November 7, 2017
    Referred to the House Committee on Financial Services.
  • November 7, 2017
    Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
  • November 14, 2017
    Committee Consideration and Mark-up Session Held.
  • November 14, 2017
    Ordered to be Reported by the Yeas and Nays: 33 - 26.
  • April 25, 2018
    Placed on the Union Calendar, Calendar No. 500.
  • April 25, 2018
    Reported by the Committee on Financial Services. H. Rept. 115-652.
Andy Barr

Andy Barr

Republican Representative

Kentucky

Cosponsors (5)
Robert Pittenger (Republican)Todd Rokita (Republican)Ann Wagner (Republican)Bill Huizenga (Republican)Ted Budd (Republican)

Financial Services Committee, Financial Institutions and Monetary Policy Subcommittee

Economics and Public Finance

Related Bills

  • HR 115-6741: Federal Reserve Reform Act of 2018
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresCongressional oversightFederal Reserve SystemGovernment information and archivesInterest, dividends, interest ratesMonetary policy