To amend the Federal Reserve Act to require the Federal Open Market Committee to establish interest rates on balances maintained at a Federal Reserve Bank by depository institutions.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for New York's 22nd congressional district. Republican.
Last Updated: Dec 12, 2018
Length: 4 pages
115th Congress, 2017–2019
This bill was introduced on September 13, 2018, in a previous session of Congress, but was not enacted.
What legislators are saying
“Congresswoman Tenney’s Bills Providing Greater Accountability to Financial Institutions Pass Out of House Financial Services Committee”
— Rep. Claudia Tenney [R-NY22, 2017-2018] (Sponsor) on Sep 13, 2018
Jan 10, 2018
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Sep 13, 2018
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.
Dec 12, 2018
Reported by House Committee on Financial Services
A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.
H.R. 4758 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2019). H.R. 4758 — 115th Congress: FOMC Policy Responsibility Act. Retrieved from https://www.govtrack.us/congress/bills/115/hr4758
“H.R. 4758 — 115th Congress: FOMC Policy Responsibility Act.” www.GovTrack.us. 2018. October 22, 2019 <https://www.govtrack.us/congress/bills/115/hr4758>
FOMC Policy Responsibility Act, H.R. 4758, 115th Cong. (2018).
|title=H.R. 4758 (115th)
|accessdate=October 22, 2019
|author=115th Congress (2018)
|date=January 10, 2018
|quote=FOMC Policy Responsibility Act
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