H.R. 476 — A bill to amend the Federal Reserve Act to prohibit Federal Reserve banks from purchasing certain obligations of foreign governments.

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Summary

Amends the Federal Reserve Act to prohibit Federal Reserve banks from purchasing obligations of foreign governments unless such obligations are denominated in the currency of the foreign country involved.

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Legislative Actions

1987-01-07
Introduced in House
1987-01-07
Introduced in House
1987-01-07
Referred to House Committee on Banking, Finance and Urban Affairs.
1987-01-07
Referred to Subcommittee on Domestic Monetary Policy.

A bill to amend the Federal Reserve Act to prohibit Federal Reserve banks from purchasing certain obligations of foreign governments.

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Summary

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Legislative Actions

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