H.R. 2172 · 115th Congress

FFOCUS Act of 2017.

Stage
In committee
Sponsor
Mia Love
Introduced
2017-04-26
Latest action
2017-04-26 · Introduced in House

Summary

Focusing the Fed on the Currency of the United States Act of 2017 or the FFOCUS Act of 2017

This bill amends the Federal Reserve Act to remove "maximum employment" as a goal of the Federal Reserve Board's duty to maintain long-run growth. The other goals, under current law, are stable prices and moderate long-term interest rates.