A bill to amend section 14(b) of the Federal Reserve Act, as amended, to extend for 2 years the authority of Federal Reserve banks to purchase U.S. obligations directly from the Treasury.
Extends for 3 months (until October 31, 1973) the authority of Federal Reserve Banks to purchase U.S. obligations directly from the Treasury.
Referred to House Committee on Banking and Currency.
Introduced in Senate
Referred to Senate Committee on Banking, Housing and Urban Affairs.
Reported to Senate from the Committee on Banking, Housing and Urban Affairs with amendment, S. Rept. 93-248.
Reported to Senate from the Committee on Banking, Housing and Urban Affairs with amendment, S. Rept. 93-248.
Passed/agreed to in Senate: Measure passed Senate, amended.
Measure passed Senate, amended.
Referred to House Committee on Banking and Currency.
Passed/agreed to in House: Measure passed House, amended.
Measure passed House, amended.
Resolving differences -- Senate actions: Senate agreed to House amendments.
Senate agreed to House amendments.
Measure presented to President.
Measure presented to President.
Signed by President.
Signed by President.
Public law 93-93.
Public law 93-93.
Enacted as Public Law 93-93
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