HR 6092 · 93th Congress ·

A bill to amend section 14(b) of the Federal Reserve Act, as amended, to extend for 2 years the authority of Federal Reserve banks to purchase U. S. obligations directly from the Treasury.

Introduced 1973-03-26· Sponsored by Rep. Widnall, William B. [R-NJ-7]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking and Currency.(1973-03-26)

Plain Language Summary

[AI summary unavailable — showing source text] Extends for two years the authority of Federal Reserve bands to purchase United States obligation directly from the Treasury under the Federal Reserve Act. (Amends 12 U.S.C. 355)…

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