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            <name>Referred to</name>
            <date>2015-07-16T14:56:45Z</date>
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        <title>Centennial Monetary Commission Act of 2015</title>
        <congress>114</congress>
        <number>2912</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2015-11-16</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 252.</text>
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        <title>Financial CHOICE Act of 2016</title>
        <congress>114</congress>
        <number>5983</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2016-12-20</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 693.</text>
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        <actionDate>2015-07-16</actionDate>
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            <name>Banking, Housing, and Urban Affairs Committee</name>
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        <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S5172-5173)</text>
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        <fullName>Sen. Cornyn, John [R-TX]</fullName>
        <firstName>John</firstName>
        <lastName>Cornyn</lastName>
        <party>R</party>
        <state>TX</state>
        <isByRequest>N</isByRequest>
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        <fullName>Sen. Paul, Rand [R-KY]</fullName>
        <firstName>Rand</firstName>
        <lastName>Paul</lastName>
        <party>R</party>
        <state>KY</state>
        <sponsorshipDate>2015-07-16</sponsorshipDate>
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      <item>
        <bioguideId>C001098</bioguideId>
        <fullName>Sen. Cruz, Ted [R-TX]</fullName>
        <firstName>Ted</firstName>
        <lastName>Cruz</lastName>
        <party>R</party>
        <state>TX</state>
        <sponsorshipDate>2015-07-16</sponsorshipDate>
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          <name>Advisory bodies</name>
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        <actionDate>2015-07-16</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2015-12-02T16:16:10Z</updateDate>
        <text><![CDATA[ <p><b>Centennial Monetary Commission Act of 2015</b></p> <p> This bill establishes the Centennial Monetary Commission to: (1) examine how U.S. monetary policy since the creation of the Federal Reserve Board in 1913 has affected the performance of the U.S. economy in terms of output, employment, prices, and financial stability over time; (2) evaluate various operational regimes under which the Board and the Federal Open Market Committee may conduct monetary policy in terms achieving the maximum sustainable level of output and employment and price stability over the long term; and (3) recommend a course for U.S. monetary policy going forward.</p> <p>The Commission shall evaluate as a tool of monetary policy: (1) macro-prudential supervision and regulation, and (2) the lender-of-last-resort function of the Board.</p>]]></text>
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    </summaries>
    <title>Centennial Monetary Commission Act of 2015</title>
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        <title>Centennial Monetary Commission Act of 2015</title>
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        <title>Centennial Monetary Commission Act of 2015</title>
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        <date>2015-07-16T04:00:00Z</date>
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    <latestAction>
      <actionDate>2015-07-16</actionDate>
      <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S5172-5173)</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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