H.R.3732: Monetary Freedom and Accountability Act

About This Bill

Bill Sponsor

Bill Summary

Monetary Freedom and Accountability Act - Amends Federal law governing monetary transactions to prohibit the Secretary of the Treasury from using the Exchange Stabilization Fund to buy, sell, or otherwise interfere in the market for gold in order to affect its free market price without congressional approval to engage in such transaction in the form of the adoption of a joint resolution or other Act of Congress.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Financial Services
Referred to House Rules
Sponsor introductory remarks on measure.
Referred to the Subcommittee on International Monetary Policy and Trade.
Feb. 13, 2002

Introduced in the House by Ron Paul (R-Texas)

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