[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2172 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 2172

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

                             April 26, 2017

  Mrs. Love 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 2017'' or the ``FFOCUS Act of 2017''.

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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