Expressing the sense of the House of Representatives that the Federal Open Market Committee and the Board of Governors of the Federal Reserve System should defer any further increase in the Federal funds rate and the discount rate until at least September, 1995.

referredUnited States· United States Congress· EN

Introduced

31 January 1995

Last action

10 February 1995 · Referred

Status

Referred to the Subcommittee on Domestic and International Monetary Policy.

Sponsors

Rep. Miller, George [D-CA-11], Rep. Gejdenson, Sam [D-CT-2], Rep. Waters, Maxine [D-CA-43], Rep. Hinchey, Maurice D. [D-NY-22], Rep. McKinney, Cynthia A. [D-GA-4], Rep. Slaughter, Louise McIntosh [D-NY-25], Rep. Green, Gene [D-TX-29], Rep. Owens, Major R. [D-NY-11], Rep. Rangel, Charles B. [D-NY-15], Rep. McNulty, Michael R. [D-NY-23], Rep. Serrano, Jose E. [D-NY-15], Rep. Frank, Barney [D-MA-4], Rep. Stark, Fortney Pete [D-CA-13], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Flake, Floyd H. [D-NY-6], Rep. Farr, Sam [D-CA-20], Rep. Coleman, Ronald D. [D-TX-16], Rep. Hall, Ralph M. [R-TX-4], Rep. Brewster, Bill K. [D-OK-3], Rep. Edwards, Chet [D-TX-17], Rep. Obey, David R. [D-WI-7], Rep. Tauzin, W. J. (Billy) [R-LA-3], Rep. DeFazio, Peter A. [D-OR-4], Rep. Traficant, James A., Jr. [D-OH-17], Sen. Wyden, Ron [D-OR], Rep. Roemer, Tim [D-IN-3], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Studds, Gerry E. [D-MA-10], Rep. Condit, Gary A. [D-CA-18], Rep. Abercrombie, Neil [D-HI-1], Rep. McDermott, Jim [D-WA-7], Sen. Durbin, Richard J. [D-IL], Rep. Eshoo, Anna G. [D-CA-18], Rep. Spratt, John M., Jr. [D-SC-5], Rep. Mineta, Norman Y. [D-CA-15], Rep. Danner, Pat [D-MO-6], Rep. Thurman, Karen L. [D-FL-5]

Subjects

Discovery layer

Source updated

6 February 2024

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Summary

Expresses the sense of the House of Representatives that the Federal Open Market Committee and the Board of Governors of the Federal Reserve System should defer any further increase in the Federal funds rate and the discount rate until at least September 1995 in order to assess the impact of past increases on the soundness of the American economy and the economic security of the American worker and his or her family.

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

Timeline

31 January 1995
Introduced
Referred to the House Committee on Banking and Financial Services.
Source: IntroReferral
31 January 1995
Introduced
Introduced in House
Source: IntroReferral
31 January 1995
Introduced
Introduced in House
Source: IntroReferral
10 February 1995
Referred
Referred to the Subcommittee on Domestic and International Monetary Policy.
Source: Committee

Votes

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Versions

Introduced in House · 31 January 1995 · Download file

Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 31 January 1995
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Introduced in House (PDF)
Introduced in House · EN · 31 January 1995
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Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
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Introduced in House
summary · EN · 31 January 1995
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
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Related records

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Sources

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Official source: https://www.congress.gov/bill/104th-congress/house-resolution/54
Open data entity: https://api.congress.gov/v3/bill/104/hres/54
us · 104-hres-54 · source updated 6 February 2024