A resolution concerning the monetary policies of the Federal Reserve Board.

Declares that it is the sense of the Senate that the Senate Committee on Banking, Housing, and Urban Affairs should study, and report to Congress no later than August 1, 1981, on the advisability of seeking institutional reforms in the structure and operation of the Federal Reserve System as may be required to provide a stable and positive economic environment for growth and investment while reducing inflationary pressures.

Requires such study to include: (1) the feasibility of implementing a dual prime rate; and (2) the advisability of increased Congressional supervision of policies affecting the Nation's monetary system.