US HB3428 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on November 15 2011 - 25% progression, died in chamber
Action: 2012-05-08 - Subcommittee Hearings Held.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 15 2011 - 25% progression, died in chamber
Action: 2012-05-08 - Subcommittee Hearings Held.
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Federal Reserve Act to replace the Federal Open Market Committee members representing the Federal Reserve banks with additional members appointed by the President, who shall give due regard to a fair representation of the financial, agricultural, industrial, commercial, consumer, and labor interests, and geographical diversity, of the United States.
Title
To amend the Federal Reserve Act to replace the Federal Open Market Committee members representing the Federal Reserve banks with additional members appointed by the President, and for other purposes.
Sponsors
| Rep. Barney Frank [D-MA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-05-08 | House | Subcommittee Hearings Held. |
| 2012-01-12 | House | Referred to the Subcommittee on Domestic Monetary Policy and Technology. |
| 2011-11-15 | House | Referred to the House Committee on Financial Services. |
Subjects
Economics and public finance
Executive agency funding and structure
Federal Reserve System
Monetary policy
Executive agency funding and structure
Federal Reserve System
Monetary policy
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/3428/all-info |
| Text | https://www.congress.gov/112/bills/hr3428/BILLS-112hr3428ih.pdf |
