A resolution providing for the impeachment of Paul A. Volcker, Edward G. Boehne, Robert H. Boykin, E. Gerald Corrigan, Lyle E. Gramley, Karen N. Horn, Preston Martin, J. Charles Partee, Emmett J. Rice, Martha R. Seger, and Henry C. Wallich, as members of the Federal Open Market Committee.

Calls for the impeachment of Paul Volcker and other members of the Federal Open Market Committee.

Directs the House Committee on the Judiciary to investigate the conduct of such individuals to determine whether they have been guilty of any high crime or misdemeanor which requires the interposition of the constitutional powers of the House. Requires the committee to report its findings to the House, together with such resolution of impeachment or other recommendation as it deems proper.