A bill to amend the Federal Reserve Act to provide for the pricing of Federal Reserve System services.
Federal Reserve System Services Act - Amends the Federal Reserve Act to direct the Board of Governors of the Federal Reserve System to prepare and publish a schedule of fees for its services and a set of pricing principles no later than July 1, 1979, and to put a fee schedule into effect no later than July 1, 1980.
Permits the Board to reduce the amount of reserves required from member banks in order to implement the pricing of its services. Authorizes the offering of Federal Reserve services to any depository institution under certain conditions.
Introduced in Senate
Referred to Senate Committee on Banking, Housing and Urban Affairs.
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