HR 1512 · 112th Congress · Economics and Public Finance

To amend the Federal Reserve Act to remove the representatives of the Federal Reserve banks from membership on the Federal Open Market Committee.

Introduced 2011-04-13· Sponsored by Rep. Frank, Barney [D-MA-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Domestic Monetary Policy and Technology.(2011-05-02)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Federal Reserve Act to remove from Federal Open Market Committee membership the presidents or first vice presidents, as appropriate, of the Federal Reserve banks.…

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