S.1848: Sound Dollar Act of 2015

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Bill Summary

Sound Dollar Act of 2016 This bill amends the Federal Reserve Act (FRA) to direct the Board of Governors of the Federal Reserve System and the Federal Open Market Committee (FOMC) to: (1) pursue the goal of long-term price stability, and (2) establish metrics to evaluate whether long-term price stability is being achieved. The bill also prescribes procedures for the establishment and evaluation of such metrics. The Board and the FOMC shall:...

(Source: Library of Congress)

Bill Actions

Date Description
July 23, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
July 23, 2015

Introduced in the Senate by Mike Lee (R-Utah)

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