HR 3720 · 109th Congress · Finance and Financial Sector

Repeal of Federal Reserve Board Term Limitation Act

Introduced 2005-09-08· Sponsored by Rep. Sherman, Brad [D-CA-27]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2005-09-08)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only