HR 9065 · 95th Congress · Finance and Financial Sector
A bill to provide that the Exchange Stabilization Fund shall not be available for the payment of administrative expenses.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Banking, Finance and Urban Affairs.(1977-09-12)
Plain Language Summary
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Amends the Gold Reserve Act to make the Exchange Stabilization Fund unavailable for payment of administrative expenses. Authorizes the Secretary of the Treasury to appoint personnel to carry out the international affairs functions of the Department of the Treasury and to provide allowances and benefits to such personnel. Directs the Secretary of the Treasury to supply Congress with a detailed financial statement of such Fund on a monthly basis. Requires Congressional consultation before the Secretary of the Treasury or his delegate may enter into any international agreement.…
Summarized by Claude AI · Non-partisan · For informational purposes only