HR 2658 · 96th Congress · Finance and Financial Sector

A bill to amend the Federal Reserve Act to terminate the authority of the Secretary of the Treasury to require the delivery of gold to the Treasurer of the United States, which shall be known as The Gold Ownership Act of 1979.

Introduced 1979-03-06· Sponsored by Rep. Paul, Ron [R-TX-22]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1979-03-06)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Federal Reserve Act to terminate the authority of the Secretary of the Treasury to require the delivery of all gold coins, gold bullion, and gold certificates held in the private sector to the Treasurer of the United States.…

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

Cosponsors (3)

2 Democrats1 Republican
Rep. McDonald, Lawrence P. [D-GA-7]
Rep. Neal, Stephen L. [D-NC-5]
Rep. Symms, Steven D. [R-ID-1]