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HRES 54 104th Congress House

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…

Official title: 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 def… Show full official titleShow less

Official title: 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.

Introduced: January 31, 1995 See on congress.gov
Economics and Public Finance Economic securityFederal Reserve SystemFinance and Financial SectorInterest ratesOpen market operations
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This resolution expired with the 104th Congress
It was not agreed to before the 104th Congress (1995–1996) adjourned, so it is no longer active. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Agreed to (House)
Feb 10, 1995
Referred to the Subcommittee on Domestic and International Monetary Policy.
Jan 31, 1995
Referred to the House Committee on Banking and Financial Services.
Jan 31, 1995
Introduced in House
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 Latest action February 10, 1995

Referred to the Subcommittee on Domestic and International Monetary Policy.

 Plain-English summary Congressional Research Service

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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 5
All 5 Democratic 4
D
Durbin, Richard J.
Illinois · Jan 31, 1995
TAUZIN, W.
· Jan 31, 1995
 D
Velázquez, Nydia M.
New York · Jan 31, 1995
 D
Waters, Maxine
California · Jan 31, 1995
 D
Wyden, Ron
Oregon · Jan 31, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). H. Res. 54: 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.. 104th Congress. Open America. https://openamerica.io/bill/104-HRES-54/
MLA
"H. Res. 54: 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.." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HRES-54/.
Bluebook (legal)
H. Res. 54, 104th Cong. (2026), https://openamerica.io/bill/104-HRES-54/.
Markdown link
[H. Res. 54: 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.](https://openamerica.io/bill/104-HRES-54/)
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