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United States · Resolution · HCONRES

H.Con.Res. 44 (97th)

A concurrent resolution expressing the sense of the Congress that the Board of Governors of the Federal Reserve System should reverse its policy of manipulating the discount rate to cause increased interest rates which result in higher unemployment and economic dislocations.

referredUnited States· United States Congress· EN

Introduced

29 January 1981

Last action

9 March 1981 · Referred

Status

Referred to Subcommittee on Domestic Monetary Policy.

Sponsors

Rep. Mottl, Ronald M. [D-OH-23], Rep. Rahall, Nick J., II [D-WV-3], Sen. Gore, Albert, Jr. [D-TN], Rep. Murphy, Austin J. [D-PA-20], Rep. Wolpe, Howard E. [D-MI-3], Rep. Weaver, James H. [D-OR-4], Rep. Parris, Stanford E. (Stan) [R-VA-8], Rep. Whitehurst, G. William [R-VA-2], Rep. Bailey, Wendell [R-MO-8], Rep. Guyer, Tennyson [R-OH-4], Rep. Yatron, Gus [D-PA-6], Rep. Gingrich, Newt [R-GA-6], Sen. Dorgan, Byron L. [D-ND], Rep. Evans, Billy Lee [D-GA-8]

Subjects

Discovery layer

Source updated

6 February 2024

Official sourceView documentsShare

Summary

Expresses the sense of the Congress that the Board of Governors of the Federal Reserve System should reverse its present policy of adjusting the discount rate to cause increased interest rates and should instead pursue a policy of stable interest rates at lower affordable levels.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 29 January 1981

    Introduced

    Referred to House Committee on Banking, Finance and Urban Affairs.

    Source: IntroReferral

  2. 29 January 1981

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 29 January 1981

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 9 March 1981

    Referred

    Referred to Subcommittee on Domestic Monetary Policy.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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