118th Congress · HOUSE BILLBILL

H.R. 1664 — Financial Stability Mandate Act

“To require the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to consider inflation, employment, and financial stability when setting interest rates.”

Finance and financial sector

Introduced Mar 17, 2023

Last action Mar 17, 2023

Pipeline · Bill → Law

Step 1

Introduced

Mar 17, 2023

Step 2

Referred

Mar 17, 2023

Financial Services

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill requires the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to consider inflation, employment, and financial stability when setting interest rates.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Mar 17, 2023

Introduced in House

Mar 17, 2023

Referred to the House Committee on Financial Services.