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HR 492 113th Congress House

FFOCUS Act of 2013

Official title: To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.

Introduced: February 6, 2013 Introduced by: Stutzman, Marlin A. Republican · Indiana See on congress.gov
Economics and Public Finance Inflation and pricesMonetary policyUnemployment
This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 2013
Referred to the House Committee on Financial Services.
Feb 4, 2013
Introduced in House
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 Latest action February 4, 2013

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Focusing the Fed on the Currency of the United States Act of 2013, or FFOCUS Act of 2013 - Amends the Federal Reserve Act to repeal the joint mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to make maximum employment one of the goals of their duty to maintain long run growth of the monetary and credit aggregates commensurate with the U.S. economy's long run potential to increase production.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 492: FFOCUS Act of 2013. 113th Congress. Open America. https://openamerica.io/bill/113-HR-492/
MLA
"H.R. 492: FFOCUS Act of 2013." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-492/.
Bluebook (legal)
H.R. 492, 113th Cong. (2026), https://openamerica.io/bill/113-HR-492/.
Markdown link
[H.R. 492: FFOCUS Act of 2013](https://openamerica.io/bill/113-HR-492/)
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