FOMC Policy Responsibility Act

United States116th CongressHR-8982House of Representatives
Updated: Dec 16, 2020

Summary

FOMC Policy Responsibility Act This bill requires the Federal Open Market Committee to set the interest rates on balances maintained at Federal Reserve banks by or on behalf of depository institutions.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

    House of Representatives

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