HR 4270 · 115th Congress · Economics and Public Finance
Monetary Policy Transparency and Accountability Act of 2017
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 500.(2018-04-25)
Plain Language Summary
[AI summary unavailable — showing source text]
Monetary Policy Transparency and Accountability Act of 2017 This bill amends the Federal Reserve Act to require the Federal Open Market Committee to annually publish its monetary policy strategy. The strategy must include short-term interest-rate targets, open-market operations, and earnings on Federal Reserve bank balances. The Chairman of the Federal Open Market Committee is required to report on such strategy semiannually.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 4270, Monetary Policy Transparency and Accountability Act of 2017
Dec 5, 2017As ordered reported by the House Committee on Financial Services on November 14, 2017
Full CBO report ↗H.R. 4270, Monetary Policy Transparency and Accountability Act of 2017
Jan 22, 2018As ordered reported by the House Committee on Financial Services on November 14, 2017
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (5)
5 Republicans