A bill to amend the Federal Reserve Act to prohibit any officer or employee of the United States from purchasing the currency of certain foreign governments.

Summary

Amends the Federal Reserve Act to prohibit any officer or employee of the United States, in his or her official capacity, from purchasing the currency of any foreign country unless, on the date of the proposed purchase, such currency is used to determine the value of special drawing rights established under the International Monetary Fund.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 15 February 1983

   Introduced

   Referred to House Committee on Banking, Finance and Urban Affairs.

   Source: IntroReferral

2. 15 February 1983

   Introduced

   Introduced in House

   Source: IntroReferral

3. 15 February 1983

   Introduced

   Introduced in House

   Source: IntroReferral

4. 1 March 1983

   Referred

   Referred to Subcommittee on Domestic Monetary Policy.

   Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 15 February 1983

  Open at official source

Sponsors

• Rep. Jacobs, Andrew, Jr. [D-IN-11] · D · Sponsor
• · hsba00 · Standing

Related records

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