HR 4758
115th Congress
House
Finance and Financial Sector
Administrative law and regulatory procedures
Advisory bodies
Bank accounts, deposits, capital
Federal Reserve System
Federal officials
Interest, dividends, interest rates
FOMC Policy Responsibility Act
Introduced: January 10, 2018
Introduced by:
Tenney, Claudia
Republican
· New York
See on congress.gov
Everywhere this bill has been
7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 12, 2018
Placed on the Union Calendar, Calendar No. 837.
Dec 12, 2018
Reported by the Committee on Financial Services. H. Rept. 115-1078.
Sep 13, 2018
Ordered to be Reported by Voice Vote.
Sep 13, 2018
Committee Consideration and Mark-up Session Held.
Jan 10, 2018
Referred to the House Committee on Financial Services.
Jan 10, 2018
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Jan 10, 2018
Introduced in House
Plain-English summary
FOMC Policy Responsibility Act
This bill amends the Federal Reserve Act to require the Federal Open Market Committee to set the interest rates on balances maintained at Federal Reserve banks by depository institutions.
What's happening now
Placed on the Union Calendar, Calendar No. 837.
Committees of jurisdiction
2