H.R.3541: Full Employment Federal Reserve Act of 2015

About This Bill

  • Introduced Sept. 17, 2015
  • Latest Major Action Sept. 17, 2015

Bill Summary

The Full Employment Federal Reserve Act of 2015 This bill amends the Federal Reserve Act with respect to the duty of the Board of Governors of the Federal Reserve System and the Federal Open Market Committee (FOMC) to promote maximum employment and stable prices. The bill defines "maximum employment" as an economy with an unemployment rate of at most 4% that generally includes a labor market in which median wages are rising with worker...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.3541.

Bill Actions

Date Description
Sept. 17, 2015
Referred to the House Committee on Financial Services.
Sept. 17, 2015

Introduced in the House by John Conyers Jr. (D-Mich.)

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