US Congress Senate Bill 1786 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on July 16 2015 - 25% progression, died in committee
Action: 2015-07-16 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S5172-5173)
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

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 long term; and (3) recommend a course for U.S. monetary policy going forward. The Commission shall evaluate as a tool of monetary policy: (1) macro-prudential supervision and regulation, and (2) the lender-of-last-resort function of the Board.

Centennial Monetary Commission Act of 2015

Sen. John Cornyn [R-TX]

Sen. Rand Paul [R-KY]

Sen. Ted Cruz [R-TX]

Date	Chamber	Action
2015-07-16	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S5172-5173)

HB2912 (Same As) 2015-11-16 - Placed on the Union Calendar, Calendar No. 252.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/senate-bill/1786/all-info
Text	https://www.congress.gov/114/bills/s1786/BILLS-114s1786is.pdf