HR 5707 · 96th Congress · Finance and Financial Sector

Federal Reserve Act Amendments of 1979

Introduced 1979-10-25· Sponsored by Rep. Mitchell, Parren J. [D-MD-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1979-10-25)

Plain Language Summary

[AI summary unavailable — showing source text] Federal Reserve Act Amendments of 1979 - Amends the Federal Reserve Act to increase the number of directors of each Federal Reserve Bank from nine to twelve by adding three additional directors to the class of directors designated from the public by the Board of Governors of the Federal Reserve System.…

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

Cosponsors (6)

5 Democrats1 Republican