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FOMC Policy Responsibility Act

USA115th CongressHR-4758| House 
| Updated: 12/12/2018
Claudia Tenney

Claudia Tenney

Republican Representative

New York

Financial Services Committee, Financial Institutions and Monetary Policy Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.

Bill Text Versions

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2 versions available

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Timeline
Jan 10, 2018
Introduced in House
Jan 10, 2018
Referred to the House Committee on Financial Services.
Jan 10, 2018
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Sep 13, 2018
Ordered to be Reported by Voice Vote.
Sep 13, 2018
Committee Consideration and Mark-up Session Held.
Dec 12, 2018
Placed on the Union Calendar, Calendar No. 837.
Dec 12, 2018
Reported by the Committee on Financial Services. H. Rept. 115-1078.
  • January 10, 2018
    Introduced in House
  • January 10, 2018
    Referred to the House Committee on Financial Services.
  • January 10, 2018
    Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
  • September 13, 2018
    Ordered to be Reported by Voice Vote.
  • September 13, 2018
    Committee Consideration and Mark-up Session Held.
  • December 12, 2018
    Placed on the Union Calendar, Calendar No. 837.
  • December 12, 2018
    Reported by the Committee on Financial Services. H. Rept. 115-1078.

Finance and Financial Sector

Related Bills

  • HR 115-6741: Federal Reserve Reform Act of 2018
  • HR 115-10: Financial CHOICE Act of 2017
Administrative law and regulatory proceduresAdvisory bodiesBank accounts, deposits, capitalFederal officialsFederal Reserve SystemInterest, dividends, interest rates

FOMC Policy Responsibility Act

USA115th CongressHR-4758| House 
| Updated: 12/12/2018
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.

Bill Text Versions

View Text
2 versions available

Suggested Questions

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

Timeline
Jan 10, 2018
Introduced in House
Jan 10, 2018
Referred to the House Committee on Financial Services.
Jan 10, 2018
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Sep 13, 2018
Ordered to be Reported by Voice Vote.
Sep 13, 2018
Committee Consideration and Mark-up Session Held.
Dec 12, 2018
Placed on the Union Calendar, Calendar No. 837.
Dec 12, 2018
Reported by the Committee on Financial Services. H. Rept. 115-1078.
  • January 10, 2018
    Introduced in House
  • January 10, 2018
    Referred to the House Committee on Financial Services.
  • January 10, 2018
    Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
  • September 13, 2018
    Ordered to be Reported by Voice Vote.
  • September 13, 2018
    Committee Consideration and Mark-up Session Held.
  • December 12, 2018
    Placed on the Union Calendar, Calendar No. 837.
  • December 12, 2018
    Reported by the Committee on Financial Services. H. Rept. 115-1078.
Claudia Tenney

Claudia Tenney

Republican Representative

New York

Financial Services Committee, Financial Institutions and Monetary Policy Subcommittee

Finance and Financial Sector

Related Bills

  • HR 115-6741: Federal Reserve Reform Act of 2018
  • HR 115-10: Financial CHOICE Act of 2017
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresAdvisory bodiesBank accounts, deposits, capitalFederal officialsFederal Reserve SystemInterest, dividends, interest rates