S 1410 · 93th Congress ·
An Act to amend section 14(b) of the Federal Reserve Act, as amended, to extend for three months the authority of Federal Reserve banks to purchase United States obligations directly from the Treasury.
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EnactedLatest: Public law 93-93.(1973-08-14)
Plain Language Summary
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Extends for two years the authority of Federal Reserve banks to purchase United States obligations directly from the Treaury under the Federal Reserve Act. (Amend 12 U.S.C. 355)…
Summarized by Claude AI · Non-partisan · For informational purposes only