United States · Bill · HR
H.R. 4278 (115th)
Independence from Credit Policy Act of 2017
Introduced
7 November 2017
Last action
2 January 2019 · Reported
Status
Placed on the Union Calendar, Calendar No. 884.
Sponsors
Rep. Hill, J. French [R-AR-2], Rep. Barr, Andy [R-KY-6]
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Independence from Credit Policy Act of 2017 This bill limits the types of securities that the Federal Reserve Board (FRB) may acquire in the open market to: (1) gold stock; (2) currency; and (3) direct obligations of the United States, foreign banks, or the International Monetary Fund. The FRB must exchange all other assets with the Department of the Treasury for direct U.S. obligations of equivalent value.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
7 November 2017
Introduced
Introduced in House
Source: IntroReferral
7 November 2017
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
7 November 2017
Committee
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Source: Committee
7 November 2017
Introduced
Introduced in House
Source: IntroReferral
14 November 2017
Vote
Ordered to be Reported by the Yeas and Nays: 33 - 26.
Source: Committee
14 November 2017
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
2 January 2019
Calendars
Placed on the Union Calendar, Calendar No. 884.
Source: Calendars
2 January 2019
Reported
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-1117.
Source: Committee
2 January 2019
Reported
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-1117.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Reported in House · 2 January 2019 · Download file
- Introduced in House · 7 November 2017 · Download file
Documents
5 official files
Reported in House (text)
This file cannot be previewed here. Use View or Download.
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported in House (text)
Reported in House · EN · 2 January 2019
Reported in House (PDF)
Reported in House · EN · 2 January 2019
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (text)
Introduced in House · EN · 7 November 2017
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (PDF)
Introduced in House · EN · 7 November 2017
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 7 November 2017
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Hill, J. French [R-AR-2] · R · Sponsor
- Rep. Barr, Andy [R-KY-6] · R · Cosponsor
- · hsba00 · Standing
Related records
- related to → Independence from Credit Policy Act of 2020
- related to ← Federal Reserve Reform Act of 2018
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/house-bill/4278
- Open data entity: https://api.congress.gov/v3/bill/115/hr/4278
- us · 115-hr-4278 · source updated 7 April 2025