US HB4270 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on November 7 2017 - 25% progression, died in chamber
Action: 2018-04-25 - Placed on the Union Calendar, Calendar No. 500.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 7 2017 - 25% progression, died in chamber
Action: 2018-04-25 - Placed on the Union Calendar, Calendar No. 500.
Text: Latest bill text (Introduced) [PDF]
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.
Title
Monetary Policy Transparency and Accountability Act of 2017
Sponsors
Rep. Garland Barr [R-KY] | Rep. Ann Wagner [R-MO] | Rep. Bill Huizenga [R-MI] | Rep. Todd Rokita [R-IN] |
Rep. Robert Pittenger [R-NC] | Sen. Ted Budd [R-NC] |
History
Date | Chamber | Action |
---|---|---|
2018-04-25 | House | Placed on the Union Calendar, Calendar No. 500. |
2018-04-25 | House | Reported by the Committee on Financial Services. H. Rept. 115-652. |
2017-11-14 | House | Ordered to be Reported by the Yeas and Nays: 33 - 26. |
2017-11-14 | House | Committee Consideration and Mark-up Session Held. |
2017-11-07 | House | Referred to the House Committee on Financial Services. |
2017-11-07 | House | Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral. |
2017-11-07 | House | Introduced in House |
Same As/Similar To
HB6741 (Related) 2019-01-02 - Placed on the Union Calendar, Calendar No. 883.
Subjects
Administrative law and regulatory procedures
Congressional oversight
Economics and public finance
Federal Reserve System
Government information and archives
Interest, dividends, interest rates
Monetary policy
Congressional oversight
Economics and public finance
Federal Reserve System
Government information and archives
Interest, dividends, interest rates
Monetary policy