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    <number>4270</number>
    <updateDate>2023-01-11T13:38:06Z</updateDate>
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    <originChamber>House</originChamber>
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    <introducedDate>2017-11-07</introducedDate>
    <congress>115</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 163, Number 181 (Tuesday, November 7, 2017)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. BARR:H.R. 4270.Congress has the power to enact this legislation pursuantto the following:(i.e. Article I , Section 8, Clause 3 and 5)[Page H8597]</pre>]]></constitutionalAuthorityStatementText>
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        <citation>H. Rept. 115-652</citation>
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        <title>Federal Reserve Reform Act of 2018</title>
        <congress>115</congress>
        <number>6741</number>
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          <actionDate>2019-01-02</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 883.</text>
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        <text>Ordered to be Reported by the Yeas and Nays: 33 - 26.</text>
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        <text>Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.</text>
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        <bioguideId>B001282</bioguideId>
        <fullName>Rep. Barr, Andy [R-KY-6]</fullName>
        <firstName>Andy</firstName>
        <lastName>Barr</lastName>
        <party>R</party>
        <state>KY</state>
        <district>6</district>
        <isByRequest>N</isByRequest>
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        <fullName>Rep. Wagner, Ann [R-MO-2]</fullName>
        <firstName>Ann</firstName>
        <lastName>Wagner</lastName>
        <party>R</party>
        <state>MO</state>
        <district>2</district>
        <sponsorshipDate>2018-01-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>H001058</bioguideId>
        <fullName>Rep. Huizenga, Bill [R-MI-2]</fullName>
        <firstName>Bill</firstName>
        <lastName>Huizenga</lastName>
        <party>R</party>
        <state>MI</state>
        <district>2</district>
        <sponsorshipDate>2018-01-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>R000592</bioguideId>
        <fullName>Rep. Rokita, Todd [R-IN-4]</fullName>
        <firstName>Todd</firstName>
        <lastName>Rokita</lastName>
        <party>R</party>
        <state>IN</state>
        <district>4</district>
        <sponsorshipDate>2018-01-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>P000606</bioguideId>
        <fullName>Rep. Pittenger, Robert [R-NC-9]</fullName>
        <firstName>Robert</firstName>
        <lastName>Pittenger</lastName>
        <party>R</party>
        <state>NC</state>
        <district>9</district>
        <sponsorshipDate>2018-01-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>B001305</bioguideId>
        <fullName>Rep. Budd, Ted [R-NC-13]</fullName>
        <firstName>Ted</firstName>
        <lastName>Budd</lastName>
        <party>R</party>
        <state>NC</state>
        <district>13</district>
        <sponsorshipDate>2018-02-06</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <pubDate>2017-12-05T20:11:40Z</pubDate>
        <title>H.R. 4270, Monetary Policy Transparency and Accountability Act of 2017</title>
        <url>https://www.cbo.gov/publication/53365</url>
        <description>As ordered reported by the House Committee on Financial Services on November 14, 2017</description>
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      <item>
        <pubDate>2018-01-22T22:10:23Z</pubDate>
        <title>H.R. 4270, Monetary Policy Transparency and Accountability Act of 2017</title>
        <url>https://www.cbo.gov/publication/53500</url>
        <description>As ordered reported by the House Committee on Financial Services on November 14, 2017</description>
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    <policyArea>
      <name>Economics and Public Finance</name>
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    <subjects>
      <legislativeSubjects>
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          <name>Administrative law and regulatory procedures</name>
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        <item>
          <name>Congressional oversight</name>
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          <name>Federal Reserve System</name>
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          <name>Interest, dividends, interest rates</name>
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          <name>Monetary policy</name>
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      <policyArea>
        <name>Economics and Public Finance</name>
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      <summary>
        <versionCode>00</versionCode>
        <actionDate>2017-11-07</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2018-02-20T21:00:26Z</updateDate>
        <text><![CDATA[ <p><b>Monetary Policy Transparency and Accountability Act of 2017</b></p> <p>This bill amends the Federal Reserve Act to require the Federal Open Market Committee to annually publish its monetary policy strategy. The strategy must include short-term interest-rate targets, open-market operations, and earnings on Federal Reserve bank balances. The Chairman of the Federal Open Market Committee is required to report on such strategy semiannually. </p>]]></text>
      </summary>
      <summary>
        <versionCode>79</versionCode>
        <actionDate>2018-04-25</actionDate>
        <actionDesc>Reported to House without amendment</actionDesc>
        <updateDate>2018-04-27T14:20:01Z</updateDate>
        <text><![CDATA[ <p><b>Monetary Policy Transparency and Accountability Act of 2017</b></p> <p>This bill amends the Federal Reserve Act to require the Federal Open Market Committee to annually publish its monetary policy strategy. The strategy must include short-term interest-rate targets, open-market operations, and earnings on Federal Reserve bank balances. The Chairman of the Federal Open Market Committee is required to report on such strategy semiannually. </p>]]></text>
      </summary>
    </summaries>
    <title>Monetary Policy Transparency and Accountability Act of 2017</title>
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        <title>Monetary Policy Transparency and Accountability Act of 2017</title>
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        <title>Monetary Policy Transparency and Accountability Act of 2017</title>
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        <title>Monetary Policy Transparency and Accountability Act of 2017</title>
        <chamberCode>H</chamberCode>
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        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Federal Reserve Act to ensure transparency in the conduct of monetary policy, and for other purposes.</title>
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        <type>Reported in House</type>
        <date>2018-04-25T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr4270rh/xml/BILLS-115hr4270rh.xml</url>
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    <latestAction>
      <actionDate>2018-04-25</actionDate>
      <text>Placed on the Union Calendar, Calendar No. 500.</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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