HRES 54
104th Congress
House
Economics and Public Finance
Economic security
Federal Reserve System
Finance and Financial Sector
Interest rates
Open market operations
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
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
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
Plain-English summary
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.
What's happening now
Referred to the Subcommittee on Domestic and International Monetary Policy.
Committees of jurisdiction
2