United States · Bill · HR
H.R. 6406 (111th)
To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.
Introduced
16 November 2010
Last action
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Status
Sponsor introductory remarks on measure. (CR H7502)
Sponsors
—
Subjects
Discovery layer
Source updated
2 January 2025
Summary
Amends the Federal Reserve Act to repeal the joint mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to make maximum employment one of the goals of their duty to maintain long run growth of the monetary and credit aggregates commensurate with the U.S. economy's long run potential to increase production.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 16 November 2010
Introduced in House (PDF)
Introduced in House · EN · 16 November 2010
Introduced in House
summary · EN · 16 November 2010
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/111th-congress/house-bill/6406
- Open data entity: https://api.congress.gov/v3/bill/111/hr/6406