H.R. 1512 · 112th Congress
To amend the Federal Reserve Act to remove the representatives of the Federal Reserve banks from membership…
Full title
To amend the Federal Reserve Act to remove the representatives of the Federal Reserve banks from membership on the Federal Open Market Committee.
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
FrankSponsorNo cosponsors.
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.
What it does: CRS summary · Introduced in House · Apr 13, 2011
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Federal Reserve Act to remove the representatives of the Federal Reserve banks from membership on the Federal Open Market Committee.
Latest action (May 2, 2011): Referred to the Subcommittee on Domestic Monetary Policy and Technology.
Policy area: Economics and Public Finance · Origin: House · Introduced: Apr 13, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.