HCONRES 133 · 94th Congress · Interest

Concurrent resolution to lower interest rates.

Introduced 1975-02-20· Sponsored by Rep. Rees, Thomas M. [D-CA-23]· House

Bill Progress

1
Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: House agreed to conference report, roll call #88 (335-46).(1975-03-24)

Recorded Votes

PassedHouse · 1975-03-24
Yea 335Nay 46
PassedHouse · 1975-03-24
Yea 335Nay 46
PassedSenate · 1975-03-17
Yea 86Nay 0
PassedSenate · 1975-03-17
Yea 86Nay 0
PassedHouse · 1975-03-04
Yea 367Nay 55
PassedHouse · 1975-03-04
Yea 367Nay 55

Plain Language Summary

[AI summary unavailable — showing source text] Requires the Federal Reserve Board to conduct monetary policy in the first half of 1975 so as to lower long-term interests rates. Specifies that the prompt reduction of unemployment is the goal of this resolution. Directs the Board to report on the first day of each month to Banking Committees of the House and Senate as to progress toward this goal.…

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