To amend the Federal Reserve Act to replace the Federal Open Market Committee members representing the Federal Reserve banks with additional members appointed by the President, and for other purposes.

3.0.0 3428 2022-03-01T06:43:08Z 2022-03-01T06:43:08Z House H HR 2011-11-15 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. FRANK of Massachusetts:H.R. 3428.Congress has the power to enact this legislation pursuantto the following:Article I Section 8, Clause 3 (the Commerce Clause).[Page H7626]]]> hsba00 Financial Services Committee House Standing hsba19 Domestic Monetary Policy and Technology Subcommittee Hearings by 2012-05-08T21:00:25Z Referred to 2012-01-12T19:49:53Z Referred to 2011-11-15T15:01:45Z 2012-05-08 hsba19 Domestic Monetary Policy and Technology Subcommittee 1 House committee actions Subcommittee Hearings Held. Committee 2012-01-12 hsba19 Domestic Monetary Policy and Technology Subcommittee 1 House committee actions Referred to the Subcommittee on Domestic Monetary Policy and Technology. Committee 2011-11-15 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2011-11-15 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-11-15 Introduced in House IntroReferral 1000 9 Library of Congress F000339 Rep. Frank, Barney [D-MA-4] BARNEY FRANK D MA 4 N Economics and Public Finance Executive agency funding and structure Federal Reserve System Monetary policy Economics and Public Finance

00 2011-11-15 Introduced in House 2012-02-16T16:49:43Z Amends the Federal Reserve Act to replace the Federal Open Market Committee members representing the Federal Reserve banks with additional members appointed by the President, who shall give due regard to a fair representation of the financial, agricultural, industrial, commercial, consumer, and labor interests, and geographical diversity, of the United States.

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To amend the Federal Reserve Act to replace the Federal Open Market Committee members representing the Federal Reserve banks with additional members appointed by the President, and for other purposes. Display Title To amend the Federal Reserve Act to replace the Federal Open Market Committee members representing the Federal Reserve banks with additional members appointed by the President, and for other purposes. Official Title as Introduced To amend the Federal Reserve Act to replace the Federal Open Market Committee members representing the Federal Reserve banks with additional members appointed by the President, and for other purposes. Introduced in House 2011-11-15T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr3428ih/xml/BILLS-112hr3428ih.xml 2012-05-08 Subcommittee Hearings Held. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.