Centennial Monetary Commission Act of 2015
This bill establishes the Centennial Monetary Commission to: (1) examine how U.S. monetary policy since the creation of the Federal Reserve Board in 1913 has affected the performance of the U.S. economy in terms of output, employment, prices, and financial stability over time; (2) evaluate various operational regimes under which the Board and the Federal Open Market Committee may conduct monetary policy in terms achieving the maximum sustainable level of output and employment and price stability over the long term; and (3) recommend a course for U.S. monetary policy going forward.
The Commission shall evaluate as a tool of monetary policy: (1) macro-prudential supervision and regulation, and (2) the lender-of-last-resort function of the Board.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2015-11-16 | Calendars | Placed on the Union Calendar, Calendar No. 252. | House floor actions |
| 2015-11-16 | Committee | Reported by the Committee on Financial Services. H. Rept. 114-331. | House floor actions |
| 2015-07-29 | Committee | Ordered to be Reported by the Yeas and Nays: 35 - 22. | House committee actions |
| 2015-07-29 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2015-07-22 | Committee | Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral. | House committee actions |
| 2015-06-25 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2015-06-25 | IntroReferral | Introduced in House | Library of Congress |