Monetary Policy

Federal
US Congress 117th Congress

Economic Statecraft for the Twenty-First Century Act [S.4112]
A bill to address issues involving the economic statecraft of the United States, and for other purposes.

  

Sponsored by: Sen. Robert Menendez Read Twice And Referred To The Committee On Foreign Relations. on 04/28/2022

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Federal
US Congress 117th Congress

Federal Reserve Racial and Economic Equity Act [S.1327]
A bill to amend the Federal Reserve Act to add additional demographic reporting requirements, to modify the goals of the Federal Reserve System, and for other purposes.

  

Sponsored by: Sen. Jack Reed Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 04/22/2021

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Federal
US Congress 117th Congress

Studying Barriers to Housing Act Ensuring Diverse Leadership Act of 2022 Ensuring Diversity in Community Banking Act [HB-2543]
To amend the Federal Reserve Act to add additional demographic reporting requirements, to modify the goals of the Federal Reserve System, and for other purposes.

  

Sponsored by: Rep. Joyce Beatty Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 06/21/2022

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Federal
US Congress 117th Congress

Office of Manufacturing and Industrial Innovation Policy Act of 2021 [HB-2279]
To establish the Office of Manufacturing and Industrial Innovation Policy and strategic national manufacturing policy for the United States, to provide manufacturing and industrial perspective and advice to the President, to provide for a comprehensive survey and cross administration management of efforts to ensure global leadership in manufacturing critical to the long-term economic health and national security of the United States, and for other purposes.

  

Sponsored by: Rep. Tim Ryan Referred To The Subcommittee On Consumer Protection And Commerce. on 03/30/2021

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Federal
US Congress 117th Congress

Office of Manufacturing and Industrial Innovation Policy Act of 2021 [S.997]
A bill to establish the Office of Manufacturing and Industrial Innovation Policy and strategic national manufacturing policy for the United States, to provide manufacturing and industrial perspective and advice to the President, to provide for a comprehensive survey and cross administration management of efforts to ensure global leadership in manufacturing critical to the long-term economic health and national security of the United States, and for other purposes.

  

Sponsored by: Sen. Amy Klobuchar Read Twice And Referred To The Committee On Commerce, Science, And Transportation. on 03/25/2021

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Federal
US Congress 117th Congress

A resolution recognizing the duty of the Senate to abandon Modern Monetary Theory and recognizing that the acceptance of Modern Monetary Theory would lead to higher deficits and higher inflation. [SR-136]
A resolution recognizing the duty of the Senate to abandon Modern Monetary Theory and recognizing that the acceptance of Modern Monetary Theory would lead to higher deficits and higher inflation.

  

Sponsored by: Sen. Thom Tillis Referred To The Committee On Banking, Housing, And Urban Affairs. on 03/25/2021

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Federal
US Congress 117th Congress

Recognizing the duty of the House of Representatives to abandon Modern Monetary Theory and recognizing that the acceptance of Modern Monetary Theory would lead to higher deficits and higher inflation. [HR-267]
Recognizing the duty of the House of Representatives to abandon Modern Monetary Theory and recognizing that the acceptance of Modern Monetary Theory would lead to higher deficits and higher inflation.

  

Sponsored by: Sen. Ted Budd Introduced In House on 03/23/2021

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Federal
US Congress 117th Congress

Unfunded Mandates Accountability and Transparency Act [HB-701]
To amend the Unfunded Mandates Reform Act of 1995 to provide for regulatory impact analyses for certain rules, and for other purposes.

  

Sponsored by: Rep. Henry Cuellar Referred To The Subcommittee On Antitrust, Commercial, And Administrative Law. on 03/22/2021

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Federal
US Congress 114th Congress

Community Bank Preservation Act of 2015 [S.92]
Community Bank Preservation Act of 2015 Amends the Federal Reserve Act to require that membership on the Board of Governors of the Federal Reserve include at least one person with demonstrated experience working in or supervising community banks having less than $10 billion total assets.

  

Sponsored by: Sen. Heidi Heitkamp Read Twice And Referred To The Committee On Homeland Security And Governmental Affairs. on 01/07/2015

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Federal
US Congress 114th Congress

Unfunded Mandates Accountability Act of 2016 [S.2570]
Unfunded Mandates Accountability Act of 2016 This bill revises rulemaking requirements under the Unfunded Mandates Reform Act of 1995 (UMRA) to: (1) require federal agencies to prepare and publish in the Federal Register an initial and final regulatory impact analysis prior to promulgating any proposed or final rule that may have an annual effect on the economy of $100 million or more (adjusted for inflation); (2) make consideration of the least burdensome alternative to a rule mandatory and require the selection of the least costly, most cost-effective, (continued...)

  

Sponsored by: Sen. Rob Portman Read Twice And Referred To The Committee On Homeland Security And Governmental Affairs. on 02/24/2016

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Federal
US Congress 114th Congress

An Act Making Appropriations to Stop Regulatory Excess and for Other Purposes, 2016 [S.2132]
An Act Making Appropriations to Stop Regulatory Excess and for Other Purposes, 2016 Provides FY2016 appropriations for financial services and general government; the Department of the Interior and the Environmental Protection Agency; the Departments of Labor, Health and Human Services, and Education; and several related agencies. Financial Services and General Government Appropriations Act, 2016 Department of the Treasury Appropriations Act, 2016 Provides appropriations to the Department of the Treasury, including the Internal Revenue Service. Executive (continued...)

  

Sponsored by: Sen. Lisa Murkowski Read The Second Time. Placed On Senate Legislative Calendar Under General Orders. Calendar No. 251. on 10/06/2015

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Federal
US Congress 114th Congress

Financial Services and General Government Appropriations Act, 2016 [S.1910]
Financial Services and General Government Appropriations Act, 2016 Provides FY2016 appropriations for financial services and general government, including programs in the Department of the Treasury, the Executive Office of the President, the federal judiciary, the District of Columbia, and several independent agencies. Department of the Treasury Appropriations Act, 2016 TITLE I--DEPARTMENT OF THE TREASURY Provides appropriations to the Department of the Treasury for Departmental Offices, including: Salaries and Expenses, Department-Wide Systems (continued...)

  

Sponsored by: Sen. John Boozman Committee On Appropriations. Original Measure Reported To Senate By Senator Boozman. With Written Report No. 114-97. on 07/30/2015

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Federal
US Congress 114th Congress

Sound Dollar Act of 2015 [S.1848]
Sound Dollar Act of 2015 This bill amends the Federal Reserve Act (FRA) to direct the Board of Governors of the Federal Reserve System and the Federal Open Market Committee (FOMC) to: (1) pursue the goal of long-term price stability, and (2) establish metrics to evaluate whether long-term price stability is being achieved. The bill also prescribes procedures for the establishment and evaluation of such metrics. The Board and the FOMC shall: (1) make such information available to the public on a website, and (2) report to Congress each time such (continued...)

  

Sponsored by: Sen. Mike Lee Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 07/23/2015

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Federal
US Congress 114th Congress

Centennial Monetary Commission Act of 2015 [S.1786]
Centennial Monetary Commission Act of 2015 This bill establishes the Centennial Monetary Commission to: (1) examine how U.S. monetary policy since the creation of the Federal Reserve Board in 1913 has affected the performance of the U.S. economy in terms of output, employment, prices, and financial stability over time; (2) evaluate various operational regimes under which the Board and the Federal Open Market Committee may conduct monetary policy in terms achieving the maximum sustainable level of output and employment and price stability over the (continued...)

  

Sponsored by: Sen. John Cornyn Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. (text Of Measure As Introduced: Cr S5172-5173) on 07/16/2015

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Federal
US Congress 114th Congress

Financial Regulatory Improvement Act of 2015 [S.1484]
Financial Regulatory Improvement Act of 2015 TITLE I--REGULATORY RELIEF AND PROTECTION OF CONSUMER ACCESS TO CREDIT (Sec. 101) This bill amends the Gramm-Leach-Bliley Act to exempt from the requirement to provide consumers with an annual written disclosure of their privacy policy certain financial institutions that provide nonpublic personal information to a nonaffiliated third party to perform services for or functions on behalf of the financial institution. (Sec. 102) The Federal Home Loan Bank Act is amended to set requirements for a credit union (continued...)

  

Sponsored by: Sen. Richard Shelby Committee On Banking, Housing, And Urban Affairs. Hearings Held. on 07/23/2015

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Federal
US Congress 114th Congress

Financial CHOICE Act of 2016 [HB-5983]
Financial CHOICE Act of 2016 This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act, among other Acts, to: repeal the "Volcker Rule" (which restricts banks from making certain speculative investments); with respect to winding down failing banks, eliminate the Federal Deposit Insurance Corporation's orderly liquidation authority and establish new provisions regarding financial institution bankruptcy; and repeal the "Durbin Amendment" (which limits the fees that may be charged to retailers for debit card processing). Certain (continued...)

  

Sponsored by: Rep. Jeb Hensarling Placed On The Union Calendar, Calendar No. 693. on 12/20/2016

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Federal
US Congress 114th Congress

Full Employment Federal Reserve Act of 2015 [HB-3541]
Full Employment Federal Reserve Act of 2015 This bill amends the Federal Reserve Act with respect to the duty of the Board of Governors of the Federal Reserve System and the Federal Open Market Committee (FOMC) to promote maximum employment and stable prices. The bill defines "maximum employment" as an economy with an unemployment rate of at most 4% that generally includes a labor market in which median wages are rising with worker productivity, job seekers can find work, and involuntary part-time work is at a minimum. The Board and the FOMC are (continued...)

  

Sponsored by: Rep. Henry Johnson Introduced In House on 09/17/2015

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Federal
US Congress 114th Congress

FORM Act of 2015 Fed Oversight Reform and Modernization Act of 2015 [HB-3189]
FORM Act of 2015 Fed Oversight Reform and Modernization Act of 2015 (Sec. 1) This bill amends the Federal Reserve Act to require the Chairman of the Federal Open Market Committee (FOMC), within 48 hours after the end of a FOMC meeting, to submit to the appropriate congressional committees and the Government Accountability Office (GAO) a Directive Policy Rule, meeting specified criteria, accompanied by a statement identifying the FOMC members voting in its favor. A Directive Policy Rule shall describe the FOMC strategy or rule for the systematic (continued...)

  

Sponsored by: Rep. Alexander Mooney Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 12/17/2015

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Federal
US Congress 114th Congress

Sound Dollar Act of 2015 [HB-2913]
Sound Dollar Act of 2015 Amends the Federal Reserve Act (FRA) to direct the Board of Governors of the Federal Reserve System (Board) and the Federal Open Market Committee (FOMC) to: (1) pursue the goal of long-term price stability, and (2) establish metrics to evaluate whether long-term price stability is being achieved. Prescribes procedures for the establishment and evaluation of such metrics. Directs the Board and the FOMC to: (1) make such information available to the public on a website, and (2) report to Congress each time such metrics are (continued...)

  

Sponsored by: Rep. Rod Blum Introduced In House on 06/25/2015

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Federal
US Congress 114th Congress

Centennial Monetary Commission Act of 2015 [HB-2912]
Centennial Monetary Commission Act of 2015 (Sec. 3) This bill establishes the Centennial Monetary Commission to: (1) examine how U.S. monetary policy since the creation of the Federal Reserve Board in 1913 has affected the performance of the U.S. economy in terms of output, employment, prices, and financial stability over time; (2) evaluate various operational regimes under which the Board and the Federal Open Market Committee may conduct monetary policy in terms achieving the maximum sustainable level of output and employment and price stability (continued...)

  

Sponsored by: Rep. Steve Russell Reported By The Committee On Financial Services. H. Rept. 114-331. on 11/16/2015

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