Repeal of Federal Reserve Board Term Limitation Act

Fact Sheet API

Bill Number

HR 3720

Introduced

Sep 8, 2005

Latest Action

Referred to the House Committee on Financial Services.

Sponsor

Cosponsors

Topics

Economics and Public Finance Federal officials Federal Reserve System Finance and Financial Sector Government Operations and Politics Term limits

Full Text

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Votes

Summary

Repeal of Federal Reserve Board Term Limitation Act - Amends the Federal Reserve Act to repeal the term limitation on Federal Reserve Board membership.

Provides that any member of the Board who has served a full term of 14 years is eligible for reappointment to a five-year term.

Actions

Sep 8, 2005

Referred to the House Committee on Financial Services.
Sep 8, 2005

Introduced in House

Amendments

Related Bills