U.S. Congress - H.R.245 To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the...
H.R.245 - To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.
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- Official: To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment. as introduced.
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Official Summary
1/7/2011--Introduced.Amends the Federal Reserve Act to repeal the joint mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to make maximum employment one of the goals of their duty to maintain long run growth of the monetary and credit aggOfficial Summary
1/7/2011--Introduced.Amends the Federal Reserve Act to repeal the joint mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to make maximum employment one of the goals of their duty to maintain long run growth of the monetary and credit aggregates commensurate with the U.S. economy's long run potential to increase production....Read the Rest
Recent News Coverage
Congress Debates the Federal Reserve: Reform or Abolish?
Dennis Kucinich’s bill known as the “National Emergency Employment Defense Act.” Another piece of related legislation that was considered, H.R. 245, was introduced by Rep. Mike Pence. The bill is similar in some ways to Rep. Brady’s proposal in ...
Reform or Abolish the Fed?
The six proposals that will be discussed by the Subcommittee on Tuesday are: · H.R. 245, introduced by Rep. Mike Pence · H.R. 1094, the Federal Reserve Board Abolition Act, introduced by Rep. Paul · H.R. 1401, the Democratizing the Federal Reserve ...
Lower taxes do not create jobs; what the GOP is not doing about jobs
...employed in connection with a public school to receive FBI background checks prior to being hired, and for other purposes.” H.R.245, sponsored by Representative Mike Pence (R-IN): “To amend the Federal Reserve Act to remove the mandate on the Board
Recent Blog Coverage
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BusinessTrends Blog: Reforming the Fed: What Makes Sense?
Introduced by Congressman Mike Pence (R-IN), H.R. 245 would repeal half of Fed's dual mandate, as imposed in 1978, of maintaining both price stability and full employment, with the lone mandate of price stability remaining.
BusinessTrends Blog: Reforming the Fed: What Makes Sense?
Introduced by Congressman Mike Pence (R-IN), H.R. 245 would repeal half of Fed's dual mandate, as imposed in 1978, of maintaining both price stability and full employment, with the lone mandate of price stability remaining.
BusinessTrends Blog: Reforming the Fed: What Makes Sense?
Introduced by Congressman Mike Pence (R-IN), H.R. 245 would repeal half of Fed's dual mandate, as imposed in 1978, of maintaining both price stability and full employment, with the lone mandate of price stability remaining.
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