Concurrent resolution to lower interest rates.

passedUnited States· United States Congress· EN

Introduced

20 February 1975

Last action

—

Status

House agreed to conference report, roll call #88 (335-46).

Summary

Requires the Federal Reserve Board to conduct monetary policy in the first half of 1975 so as to lower long-term interests rates. Specifies that the prompt reduction of unemployment is the goal of this resolution. Directs the Board to report on the first day of each month to Banking Committees of the House and Senate as to progress toward this goal.

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Votes

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Versions

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Documents

2 official files

Conference report filed in House
summary · EN · 19 March 1975
Open at official source
Introduced in House
summary · EN · 20 February 1975
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/94th-congress/house-concurrent-resolution/133
Open data entity: https://api.congress.gov/v3/bill/94/hconres/133