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HRES 57 104th Congress House International Affairs Accounting American economic assistance Appropriations Authorization Congress Congressional reporting requirements Congressional-Presidential relations Currency devaluation Debt Debt agreements Economic stabilization Economics and Public Finance Federal Reserve System Federally-guaranteed loans Finance and Financial Sector Foreign Trade and International Finance Foreign exchange Government Operations and Politics Government trust funds

To preserve the constitutional role of the House of Representatives to provide for the expenditure of public money and ensure that the executive branch of the United States Government remains accountable to the House of Representatives for each expenditure of public money.

Introduced: February 3, 1995 See on congress.gov
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 Everywhere this bill has been 5 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.
Feb 7, 1995
ORDER OF BUSINESS - Mr. Taylor of Mississippi submitted H. Res. 57 for consideration by the House as a resolution constituting a question of the privileges of the House. The Chair subsequently entertained limited debate from Members on whether or not the resolution raised a question of the privileges of the House. Following debate, the Chair ruled that, in its present form, the resolution did not raise a question of the privileges of the House and could not be considered as such.
Feb 7, 1995
Sponsor introductory remarks on measure. (CR H1298)
Feb 3, 1995
Referred to the House Committee on Banking and Financial Services. subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 3, 1995
Introduced in House
 Plain-English summary Congressional Research Service

Directs the Comptroller General, within seven days of the adoption of this resolution, to transmit to the House of Representatives a report containing: (1) the opinion of the Comptroller General on whether the proposed actions of the President to strengthen the Mexican peso and support economic stability in Mexico require congressional authorization or appropriation; (2) an evaluation of the terms and conditions of commitments and agreements entered into by the President, including the terms which provide for collateral or methods of assuring repayment of outlays by the United States; (3) an analysis of the resources which the International Monetary Fund has agreed to make available to strengthen the Mexican peso and support economic stability; (4) an evaluation of the role played by the Bank for International Settlements in efforts to strengthen the Mexican peso and support economic stability and the extent of the financial exposure of the United States; (5) an analysis of the relationships between the Bank and the Federal Reserve and the Bank and the Secretary of the Treasury and the extent to which such relationships involve a financial commitment to the Bank, on the part of the United States, of public money or financial resources under control of the Federal Reserve; and (6) an accounting of fund flows, in the 24 months preceding this resolution's adoption, through the exchange stabilization fund, the manner in which the fund has been used domestically and internationally, and the extent to which the use of the fund to strengthen the Mexican peso and support economic stability represents a departure from previous uses.

What's happening now February 10, 1995

Referred to the Subcommittee on Domestic and International Monetary Policy.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 1 Independent 1