Amends the Federal Reserve Act to authorize the Federal Reserve Board: (1) to impose reserve requirements, in amounts which the Board shall determine, on the assets of money market mutual funds; and (2) to promulgate such other requirements as the Board determines are reasonably necessary to implement and maintain monetary policy.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to House Committee on Energy and Commerce.
Referred to Subcommittee on Telecommunications, Consumer Protection and Finance.
Referred to Subcommittee on Domestic Monetary Policy.
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
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