[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1154 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 1154

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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                    IN THE HOUSE OF REPRESENTATIVES

                           February 27, 2015

Mr. Stutzman (for himself, Mr. Mulvaney, Mr. McClintock, Mr. Jones, and 
Mr. Westmoreland) introduced the following bill; which was referred to 
                  the Committee on Financial Services

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                                 A BILL


 
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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Focusing the Fed on the Currency of 
the United States Act of 2015'' or the ``FFOCUS Act of 2015''.

SEC. 2. REMOVAL OF DUAL MANDATE.

    Section 2A of the Federal Reserve Act (12 U.S.C. 225a) is amended 
by striking ``maximum employment, stable prices,'' and inserting 
``stable prices''.
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