House Bill 4758
115th Congress(2017-2018)
FOMC Policy Responsibility Act
Introduced
Introduced in House on Jan 10, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4758
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
FOMC Policy Responsibility Act
This bill amends the Federal Reserve Act to require the Federal Open Market Committee to set the interest rates on balances maintained at Federal Reserve banks by depository institutions.
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12/12/2018
Placed on the Union Calendar, Calendar No. 837.
12/12/2018
Reported by the Committee on Financial Services. H. Rept. 115-1078.
09/13/2018
Ordered to be Reported by Voice Vote.
09/13/2018
Committee Consideration and Mark-up Session Held.
01/10/2018
Referred to the House Committee on Financial Services.
01/10/2018
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
01/10/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:39:02 PM