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- H.R.130
H.R.130: Democratizing the Federal Reserve System Act of 2013
About This Bill
- Introduced Jan. 3, 2013
- Latest Major Action Jan. 3, 2013
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Democratizing the Federal Reserve System Act of 2013 - Amends the Federal Reserve Act to reduce from 14 years to 7 years the term of office of the members of the Board of Governors of the Federal Reserve System. Increases from two years to four years the post-service restriction which renders Board members ineligible to hold any office, position, or employment in any member bank. Revises the terms for ongoing service on the Board with respect...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Jan. 3, 2013 |
Referred to the House Committee on Financial Services.
|
Jan. 3, 2013 |
Introduced in the House by Marcy Kaptur (D-Ohio) |