United States · Bill · HR
H.R. 1653 (97th)
Money Supply and Inflation Control Act
Introduced
4 February 1981
Last action
—
Status
Referred to Subcommittee on Domestic Monetary Policy.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Money Supply and Inflation Control Act - Amends the Federal Reserve Act to require that the time, character, and volume of all purchases and sales of paper eligible for open-market operations be governed with a view to reducing inflation and preventing recession by establishing the growth of the money supply as specified by this Act.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 4 February 1981
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/house-bill/1653
- Open data entity: https://api.congress.gov/v3/bill/97/hr/1653