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.
Actions
Dec 12, 2018
Placed on the Union Calendar, Calendar No. 837.
Dec 12, 2018
Reported by the Committee on Financial Services. H. Rept. 115-1078.
Sep 13, 2018
Ordered to be Reported by Voice Vote.
Sep 13, 2018
Committee Consideration and Mark-up Session Held.
Jan 10, 2018
Referred to the House Committee on Financial Services.
Jan 10, 2018
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.