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- S.663
S.663: Federal Reserve Reform Act of 1995
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about congress
- Introduced April 4, 1995
- Latest Major Action April 4, 1995
Bill Sponsor
Bill Summary
Federal Reserve Reform Act of 1995 - Amends the Federal Reserve Act to abolish the current Federal Open Market Committee, on which the Board of Governors of the Federal Reserve System (the Board) sits, and replace it with a Federal Open Market Advisory Committee, on which the Board does not sit, which shall advise the Board on the conduct of open-market operations. Requires the Board to meet and consult with the Secretary of the Treasury, the...
(Source: Library of Congress)
Bill Actions
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Sponsor introductory remarks on measure.
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Banking.
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| April 4, 1995 |
Introduced in the Senate by Byron L. Dorgan (D-N.D.) |