H.R. 2172
Referred to CommitteeFFOCUS Act of 2017.
Introduced 4/26/2017•115th Congress•House
Latest Action
Referred to the House Committee on Financial Services.
4/26/2017 • House
Summary
Focusing the Fed on the Currency of the United States Act of 2017 or the FFOCUS Act of 2017
This bill amends the Federal Reserve Act to remove "maximum employment" as a goal of the Federal Reserve Board's duty to maintain long-run growth. The other goals, under current law, are stable prices and moderate long-term interest rates.
Introduced in House • 4/26/2017
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Topics & Subjects
Policy Area: Economics and Public Finance
Inflation and pricesMonetary policyUnemployment
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Related Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
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Democrats
2
Republicans
0
Independents
Sponsor
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Cosponsors (1)
R[
Bill Journey
Originated in the House
Introduced
April 26, 2017
Referred to the House Committee on Financial Services.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House4/26/2017