A bill to authorize the Federal Deposit Insurance Corporation to conduct a weekly sampling of State non-member bank deposits which shall be transmitted to the Federal Reserve Board for usage in the conduct of monetary policy.
Monetary Policy Data Improvement Act - Authorizes the Board of Directors of the Federal Deposit Insurance Corporation to call for a weekly report from State nonmember banks of deposit and cash items held by a sampling of at least 1,000 such banks, including those having deposits exceeding $100,000,000. Directs that such report be made available to the Federal Reserve Board.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
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