Monetary Policy Transparency and Accountability Act of 2017
This bill amends the Federal Reserve Act to require the Federal Open Market Committee to annually publish its monetary policy strategy. The strategy must include short-term interest-rate targets, open-market operations, and earnings on Federal Reserve bank balances. The Chairman of the Federal Open Market Committee is required to report on such strategy semiannually.
Action Date | Type | Text | Source |
---|---|---|---|
2018-04-25 | Calendars | Placed on the Union Calendar, Calendar No. 500. | House floor actions |
2018-04-25 | Committee | Reported by the Committee on Financial Services. H. Rept. 115-652. | House floor actions |
2017-11-14 | Committee | Ordered to be Reported by the Yeas and Nays: 33 - 26. | House committee actions |
2017-11-14 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
2017-11-07 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
2017-11-07 | Committee | Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral. | House committee actions |
2017-11-07 | IntroReferral | Introduced in House | Library of Congress |