SCONRES 80 · 97th Congress · Finance and Financial Sector

A concurrent resolution relating to interest rates.

Introduced 1982-04-14· Sponsored by Sen. Exon, J. James [D-NE]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking.(1982-04-14)

Plain Language Summary

[AI summary unavailable — showing source text] Expresses the sense of the Congress that: (1) the Board of Governors of the Federal Reserve System shall increase 1982 monetary targets to encourage interest rates to fall; (2) the Board and the administration shall work together to set targets which are consistent with economic recovery and a balanced budget by the mid-1980's; and (3) specified congressional committees shall be advised by the President or the Board if fiscal policy or new economic conditions require a change from the direction set forth by this resolution.…

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

Cosponsors (2)

2 Democrats