HR 11647 · 94th Congress · Finance and Financial Sector

A bill to amend the Federal Reserve Act to reduce the terms of future members of the Board of Governors of the Federal Reserve System to eight years.

Introduced 1976-02-03· Sponsored by Rep. Litton, Jerry [D-MO-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Currency and Housing.(1976-02-03)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Federal Reserve Act to limit the terms of members of the Federal Reserve Board to eight years (presently 14 years).…

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