HCONRES 468 · 94th Congress · Finance and Financial Sector
Concurrent resolution expressing the sense of the Congress that section 14(b) of the Federal Reserve Act authorizes the Federal Reserve System to assist the city of New York in its financial problems.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Banking, Currency and Housing.(1975-11-04)
Plain Language Summary
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Expresses the sense of the Congress that the Federal Reserve Act authorizes the Federal Reserve System to purchase short term obligations to assist the city of New York in its financial problems.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (12)
12 Democrats