H.R. 4270 · 115th Congress
Monetary Policy Transparency and Accountability Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BarrSponsor5 cosponsors · 5 R
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Reported to House without amendment · Apr 25, 2018
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Monetary Policy Transparency and Accountability Act of 2017
Latest action (Apr 25, 2018): Placed on the Union Calendar, Calendar No. 500.
Policy area: Economics and Public Finance · Origin: House · Introduced: Nov 7, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.