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.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Banking, Currency and Housing.(1976-02-03)
Plain Language Summary
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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