United States · Bill · HR
H.R. 8984 (116th)
Independence from Credit Policy Act of 2020
Introduced
16 December 2020
Last action
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Status
Referred to the House Committee on Financial Services.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Independence from Credit Policy Act of 2020 This bill limits the types of securities that the Federal Reserve Board may acquire in the open market to gold stock; currency; and direct obligations of the United States, foreign banks, or the International Monetary Fund. The board must exchange all other assets with the Department of the Treasury for direct U.S. obligations of equivalent value.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 16 December 2020
Introduced in House (PDF)
Introduced in House · EN · 16 December 2020
Introduced in House
summary · EN · 16 December 2020
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/house-bill/8984
- Open data entity: https://api.congress.gov/v3/bill/116/hr/8984