3.0.0 2172 2023-01-11T13:35:56Z 2023-01-11T13:35:56Z House HR 2017-04-26 115 [Congressional Record Volume 163, Number 71 (Wednesday, April 26, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. LOVE:H.R. 2172.Congress has the power to enact this legislation pursuantto the following:Section 8 of Article I of the United States Constitution.[Page H2897]]]> hsba00 Financial Services Committee House Standing Referred to 2017-04-26T14:03:50Z Federal Reserve Reform Act of 2018 115 6741 HR 2019-01-02 Placed on the Union Calendar, Calendar No. 883. Related bill CRS 2017-04-26 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-04-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-04-26 Introduced in House IntroReferral 1000 9 Library of Congress L000584 Rep. Love, Mia B. [R-UT-4] Mia Love R UT B. 4 N B001305 Rep. Budd, Ted [R-NC-13] Ted Budd R NC 13 2017-06-21 False Economics and Public Finance Finance and Financial Sector Inflation and prices Monetary policy Unemployment Economics and Public Finance 00 2017-04-26 Introduced in House 2017-06-15T18:38:24Z Focusing the Fed on the Currency of the United States Act of 2017 or the FFOCUS Act of 2017

This bill amends the Federal Reserve Act to remove "maximum employment" as a goal of the Federal Reserve Board's duty to maintain long-run growth. The other goals, under current law, are stable prices and moderate long-term interest rates.


]]> FFOCUS Act of 2017. Display Title FFOCUS Act of 2017. Official Title as Introduced 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. Introduced in House IH Short Titles as Introduced FFOCUS Act of 2017. Short Titles as Introduced Focusing the Fed on the Currency of the United States Act of 2017 Introduced in House 2017-04-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr2172ih/xml/BILLS-115hr2172ih.xml 2017-04-26 Referred to the House Committee on Financial Services. 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.