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S 1786 114th Congress Senate Finance and Financial Sector Advisory bodies Congressional oversight Economic performance and conditions Federal Reserve System Government studies and investigations Inflation and prices Monetary policy

Centennial Monetary Commission Act of 2015

Introduced: July 16, 2015 Introduced by: Cornyn, John Republican · Texas See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 16, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S5172-5173)
Jul 16, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

Centennial Monetary Commission Act of 2015

This bill establishes the Centennial Monetary Commission to: (1) examine how U.S. monetary policy since the creation of the Federal Reserve Board in 1913 has affected the performance of the U.S. economy in terms of output, employment, prices, and financial stability over time; (2) evaluate various operational regimes under which the Board and the Federal Open Market Committee may conduct monetary policy in terms achieving the maximum sustainable level of output and employment and price stability over the long term; and (3) recommend a course for U.S. monetary policy going forward.

The Commission shall evaluate as a tool of monetary policy: (1) macro-prudential supervision and regulation, and (2) the lender-of-last-resort function of the Board.

What's happening now July 16, 2015

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S5172-5173)

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2