HR 4270
115th Congress
House
Economics and Public Finance
Administrative law and regulatory procedures
Congressional oversight
Federal Reserve System
Government information and archives
Interest, dividends, interest rates
Monetary policy
Monetary Policy Transparency and Accountability Act of 2017
Everywhere this bill has been
7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 25, 2018
Placed on the Union Calendar, Calendar No. 500.
Apr 25, 2018
Reported by the Committee on Financial Services. H. Rept. 115-652.
Nov 14, 2017
Ordered to be Reported by the Yeas and Nays: 33 - 26.
Nov 14, 2017
Committee Consideration and Mark-up Session Held.
Nov 7, 2017
Referred to the House Committee on Financial Services.
Nov 7, 2017
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Nov 7, 2017
Introduced in House
Plain-English summary
Monetary Policy Transparency and Accountability Act of 2017
This bill amends the Federal Reserve Act to require the Federal Open Market Committee to annually publish its monetary policy strategy. The strategy must include short-term interest-rate targets, open-market operations, and earnings on Federal Reserve bank balances. The Chairman of the Federal Open Market Committee is required to report on such strategy semiannually.
What's happening now
Placed on the Union Calendar, Calendar No. 500.
Committees of jurisdiction
2