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- H.R.7260
H.R.7260: Transparency in the Creation of Wealth Act of 2008
About This Bill
- Introduced Oct. 3, 2008
- Latest Major Action Oct. 3, 2008
Bill Sponsor
Bill Summary
Transparency in the Creation of Wealth Act of 2008 - Directs the Board of Governors of the Federal Reserve System to: (1) devise, calculate, and publish a replacement for the discontinued M3 monetary statistic; (2) tabulate and publish a statistical description of the current distribution of wealth in the United States by quintile; (3) calculate and report to the Congress the total annual seigniorage interest income received by financial...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| Oct. 3, 2008 |
Introduced in the House by Dennis J. Kucinich (D-Ohio) |