Focusing the Fed on the Currency of the United States Act of 2017 or the FFOCUS Act of 2017
This bill amends the Federal Reserve Act to remove "maximum employment" as a goal of the Federal Reserve Board's duty to maintain long-run growth. The other goals, under current law, are stable prices and moderate long-term interest rates.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2017-04-26 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2017-04-26 | IntroReferral | Introduced in House | Library of Congress |