H.R. 3720 · 109th Congress
Repeal of Federal Reserve Board Term Limitation Act
- Stage
- In committee
- Sponsor
- Brad Sherman
- Introduced
- 2005-09-08
- Latest action
- 2005-09-08 · Introduced in House
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.