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United States · Bill · HR

H.R. 8982 (116th)

FOMC Policy Responsibility Act

referredUnited States· United States Congress· EN

Introduced

16 December 2020

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

FOMC Policy Responsibility Act This bill requires the Federal Open Market Committee to set the interest rates on balances maintained at Federal Reserve banks by or on behalf of depository institutions.

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Versions

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Documents

3 official files

Introduced in House (text)

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Sources

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