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- H.R.3428
H.R.3428: To amend the Federal Reserve Act to replace the Federal Open Market Committee members representing the Federal Reserve banks with additional members appointed by the President, and for other purposes.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about economics and public finance
- Introduced Nov. 15, 2011
- Latest Major Action May 8, 2012
Bill Sponsor
Bill Summary
Amends the Federal Reserve Act to replace the Federal Open Market Committee members representing the Federal Reserve banks with additional members appointed by the President, who shall give due regard to a fair representation of the financial, agricultural, industrial, commercial, consumer, and labor interests, and geographical diversity, of the United States.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Domestic Monetary Policy and Technology.
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Subcommittee Hearings Held.
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Nov. 15, 2011 |
Introduced in the House by Barney Frank (D-Mass.) |