H.R. 4270
IntroducedMonetary Policy Transparency and Accountability Act of 2017
Latest Action
Placed on the Union Calendar, Calendar No. 500.
4/25/2018 • House
Summary
Monetary Policy Transparency and Accountability Act of 2017
This bill amends the Federal Reserve Act to require the Federal Open Market Committee to annually publish its monetary policy strategy. The strategy must include short-term interest-rate targets, open-market operations, and earnings on Federal Reserve bank balances. The Chairman of the Federal Open Market Committee is required to report on such strategy semiannually.
Reported to House without amendment • 4/25/2018
Topics & Subjects
CBO Cost Estimates (2)
H.R. 4270, Monetary Policy Transparency and Accountability Act of 2017
As ordered reported by the House Committee on Financial Services on November 14, 2017
Published: December 5, 2017
H.R. 4270, Monetary Policy Transparency and Accountability Act of 2017
As ordered reported by the House Committee on Financial Services on November 14, 2017
Published: January 22, 2018
Congressional Votes (0)
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Roll call votes will appear here as the bill moves through Congress
Related Federal Spending
Sponsor & Cosponsors (6)
Party Breakdown
Sponsor
Cosponsors (5)
Bill Journey
Originated in the House
Introduced
November 7, 2017
Committee Review
November 7, 2017
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law