To amend the Federal Reserve Act to modify the goals of the Board of Governors of the Federal Reserve System, to eliminate class A and B directors from the board of directors of each Federal reserve bank, and to establish certain reporting requirements for the Board of Governors, and for other purposes.
Coretta Scott King Full Employment Federal Reserve Act of 2018
This bill (1) revises the goals of the Federal Reserve Board and the Federal Open Market Committee, including by making a stable rate of inflation a goal for both; (2) adds reporting requirements for the board related to inflation and employment; and (3) modifies the composition of the board of directors of Federal Reserve banks.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line