To require the Board of Governors of the Federal Reserve System to collect, publish, and keep current an objective index of dollar-denominated loan interest rates of various maturities, and for other purposes.
Rate of Average Time Execution Act of 2015 or the RATE Act of 2015
Amends the Federal Reserve Act to direct the Board of Governors of the Federal Reserve System to collect, publish, and keep current a set of indices, meeting specified criteria, that report the rate for dollar-denominated loans of various maturities.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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