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H.R. 2172 115th Congress House

FFOCUS Act of 2017.

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: June 21, 2017 See on congress.gov
Economics and Public Finance Inflation and pricesMonetary policyUnemployment
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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
Apr 26, 2017
Referred to the House Committee on Financial Services.
Apr 26, 2017
Introduced in House
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 Latest action April 26, 2017

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 2017 or the FFOCUS Act of 2017

This bill amends the Federal Reserve Act to remove "maximum employment" as a goal of the Federal Reserve Board's duty to maintain long-run growth. The other goals, under current law, are stable prices and moderate long-term interest rates.


 Related & companion bills 1
  • HR 6741 Federal Reserve Reform Act of 2018
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Budd, Ted
North Carolina · Jun 21, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2172: FFOCUS Act of 2017.. 115th Congress. Open America. https://openamerica.io/bill/115-HR-2172/
MLA
"H.R. 2172: FFOCUS Act of 2017.." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-2172/.
Bluebook (legal)
H.R. 2172, 115th Cong. (2026), https://openamerica.io/bill/115-HR-2172/.
Markdown link
[H.R. 2172: FFOCUS Act of 2017.](https://openamerica.io/bill/115-HR-2172/)
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