H.R. 8982 · 116th Congress
FOMC Policy Responsibility Act
- Stage
- In committee
- Sponsor
- J. Hill
- Introduced
- 2020-12-16
- Latest action
- 2020-12-16 · Introduced in House
Summary
FOMC Policy Responsibility Act
This bill requires the Federal Open Market Committee to set the interest rates on balances maintained at Federal Reserve banks by or on behalf of depository institutions.