To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
Repeals the Federal Reserve Act.
Instructs the Chairman of the Board to wind up its affairs and those of the Federal reserve banks.
Instructs the Director of the Office of Management and Budget to liquidate all assets of the Board and of the Federal reserve banks.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E1536-1537)
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Domestic Monetary Policy, Technology and Economic Growth.
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