Extends for eight months the authority of Federal Reserve banks, under the Federal Reserve Act, to purchase United States obligations directly from the Treasury. (Amends 12 U.S.C. 355)
Introduced in Senate
Reported to Senate from the Committee on Banking, Housing and Urban Affairs, S. Rept. 93-457.
Reported to Senate from the Committee on Banking, Housing and Urban Affairs, S. Rept. 93-457.
Passed/agreed to in Senate: Measure passed Senate.
Measure passed Senate.
Referred to House Committee on Banking and Currency.
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