H.RES.54: Expressing the sense of the House of Representatives that the Federal Open Market Committee and the Board of Governors of the Federal Reserve System should defer any further increase in the Federal funds rate and the discount rate until at least September, 1995.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about economics and public finance
  • Introduced Jan. 31, 1995
  • Latest Major Action Feb. 10, 1995

Bill Summary

Expresses the sense of the House of Representatives that the Federal Open Market Committee and the Board of Governors of the Federal Reserve System should defer any further increase in the Federal funds rate and the discount rate until at least September 1995 in order to assess the impact of past increases on the soundness of the American economy and the economic security of the American worker and his or her family.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Domestic and International Monetary Policy.
Jan. 31, 1995

Introduced in the House by George Miller (D-Calif.)

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