H.R. 6023 — A bill to amend the Federal Reserve Act to limit the terms of members of the Board to 4 years and to alter the composition of the membership.

Summary

Limits the terms of members of the Federal Reserve Board to four years and changes the rules with respect to the appointment of new members of the Board as vacancies are created.

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Legislative Actions

1975-04-16
Introduced in House
1975-04-16
Introduced in House
1975-04-16
Referred to House Committee on Banking, Currency and Housing.

A bill to amend the Federal Reserve Act to limit the terms of members of the Board to 4 years and to alter the composition of the membership.

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Summary

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Legislative Actions

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