A bill to amend the Federal Reserve Act to provide that the Chairman of the Board of Governors of the Federal Reserve System may be removed from such position by the adoption of a joint resolution of the Congress.
Federal Reserve Accountability Act of 1986 - Amends the Federal Reserve Act to provide that the term of office of the Chairman of the Board of Governors of the Federal Reserve System shall expire upon the adoption of an appropriate joint resolution.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on Domestic Monetary Policy.
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