HR-4758 : Still Just a Bill

FOMC Policy Responsibility Act

This bill amends the Federal Reserve Act to require the Federal Open Market Committee to set the interest rates on balances maintained at Federal Reserve banks by depository institutions.

Action Timeline

Action DateTypeTextSource
2018-12-12CalendarsPlaced on the Union Calendar, Calendar No. 837.House floor actions
2018-12-12CommitteeReported by the Committee on Financial Services. H. Rept. 115-1078.House floor actions
2018-09-13CommitteeOrdered to be Reported by Voice Vote.House committee actions
2018-09-13CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2018-01-10IntroReferralReferred to the House Committee on Financial Services.House floor actions
2018-01-10CommitteeHearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.House committee actions
2018-01-10IntroReferralIntroduced in HouseLibrary of Congress

Sponsor :

Rep. Tenney, Claudia [R-NY-22]
See Cosponsors

Policy Area :

Finance and Financial Sector
See Subjects
  • Administrative law and regulatory procedures
  • Advisory bodies
  • Bank accounts, deposits, capital
  • Federal Reserve System
  • Federal officials
  • Interest, dividends, interest rates

Related Bills

See Related Bills