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H.R. 6117 118th Congress House

Price Stability Act of 2023

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: October 30, 2023 Introduced by: J. French Hill Republican · Arkansas See on congress.gov
Finance and Financial Sector Economic performance and conditionsInflation and pricesMonetary policyUnemployment
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 13, 2023
Sponsor introductory remarks on measure. (CR H5726-5727)
Oct 30, 2023
Introduced in House
Oct 30, 2023
Referred to the House Committee on Financial Services.
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 Latest action November 13, 2023

Sponsor introductory remarks on measure. (CR H5726-5727)

 Plain-English summary Congressional Research Service

Price Stability Act of 2023

This bill removes maximum employment as a goal of the monetary policy set by the Board of Governors of the Federal Reserve System and the Federal Open Market Committee.

 

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Donalds, Byron
Florida · Oct 30, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6117: Price Stability Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-6117/
MLA
"H.R. 6117: Price Stability Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-6117/.
Bluebook (legal)
H.R. 6117, 118th Cong. (2026), https://openamerica.io/bill/118-HR-6117/.
Markdown link
[H.R. 6117: Price Stability Act of 2023](https://openamerica.io/bill/118-HR-6117/)
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