A bill to provide for further diversification of the Federal Reserve Boards of Directors, and for other purposes.
Federal Reserve Boards of Directors Act - Amends the Federal Reserve Act to increase the size of the boards of directors of Federal Reserve Banks from 9 to 12 members. Increases the term of office for such directors from three to four years.
Directs that the initial appointees to the positions created by this Act serve until December 31, 1981.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
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