Federal Reserve Board Abolition Act

Bill Number

HR 5356

Introduced

Sep 10, 2002

Latest Action

Referred to the Subcommittee on Domestic Monetary Policy, Technology and Economic Growth.

Sponsor

Cosponsors

Topics

Central banks and banking Congress Congressional reporting requirements Executive reorganization Federal Reserve System Finance and Financial Sector Government Operations and Politics

Full Text

Votes

Summary

Federal Reserve Board Abolition Act - Abolishes the Board of Governors of the Federal Reserve System and each Federal reserve bank.

Repeals the Federal Reserve Act.

Instructs the Chairman of the Board to wind up its affairs and those of the Federal reserve banks.

Instructs the Director of the Office of Management and Budget to liquidate all assets of the Board and of the Federal reserve banks.

Actions

Sep 23, 2002

Referred to the Subcommittee on Domestic Monetary Policy, Technology and Economic Growth.
Sep 10, 2002

Referred to the House Committee on Financial Services.
Sep 10, 2002

Sponsor introductory remarks on measure. (CR E1536-1537)
Sep 10, 2002

Introduced in House

Amendments

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