US HB1512 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on April 13 2011 - 25% progression, died in committee
Action: 2011-05-02 - Referred to the Subcommittee on Domestic Monetary Policy and Technology.
Pending: House Subcommittee on Domestic Monetary Policy and Technology Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 13 2011 - 25% progression, died in committee
Action: 2011-05-02 - Referred to the Subcommittee on Domestic Monetary Policy and Technology.
Pending: House Subcommittee on Domestic Monetary Policy and Technology Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Federal Reserve Act to remove from Federal Open Market Committee membership the presidents or first vice presidents, as appropriate, of the Federal Reserve banks.
Title
To amend the Federal Reserve Act to remove the representatives of the Federal Reserve banks from membership on the Federal Open Market Committee.
Sponsors
| Rep. Barney Frank [D-MA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-05-02 | House | Referred to the Subcommittee on Domestic Monetary Policy and Technology. |
| 2011-04-13 | House | Referred to the House Committee on Financial Services. |
Subjects
Economics and public finance
Executive agency funding and structure
Federal Reserve System
Monetary policy
Executive agency funding and structure
Federal Reserve System
Monetary policy
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/1512/all-info |
| Text | https://www.congress.gov/112/bills/hr1512/BILLS-112hr1512ih.pdf |
