House Bill 4270
115th Congress(2017-2018)
Monetary Policy Transparency and Accountability Act of 2017
Introduced
Introduced in House on Nov 7, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4270
Congress
115
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
No House votes have been held for this bill.
Summary
Monetary Policy Transparency and Accountability Act of 2017
This bill amends the Federal Reserve Act to require the Federal Open Market Committee to annually publish its monetary policy strategy. The strategy must include short-term interest-rate targets, open-market operations, and earnings on Federal Reserve bank balances. The Chairman of the Federal Open Market Committee is required to report on such strategy semiannually.
04/25/2018
Placed on the Union Calendar, Calendar No. 500.
04/25/2018
Reported by the Committee on Financial Services. H. Rept. 115-652.
11/14/2017
Ordered to be Reported by the Yeas and Nays: 33 - 26.
11/14/2017
Committee Consideration and Mark-up Session Held.
11/07/2017
Referred to the House Committee on Financial Services.
11/07/2017
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
11/07/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:38:06 PM