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- S.215
S.215: Federal Reserve Single Mandate Act of 2013
About This Bill
- Introduced Feb. 4, 2013
- Latest Major Action Feb. 4, 2013
Bill Sponsor
Bill Cosponsor
Bill Summary
Federal Reserve Single Mandate Act of 2013 - Amends the Federal Reserve Act to eliminate maximum employment and stable prices as goals for the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to promote in maintaining long run growth of monetary and credit aggregates. Replaces such goals with long-term price stability and a low rate of inflation. (Retains the current third goal of moderate long-term...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 4, 2013 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Feb. 4, 2013 |
Introduced in the Senate by Bob Corker (R-Tenn.) |