H.R.492 - FFOCUS Act of 2013113th Congress (2013-2014)
Text: H.R.492 — 113th Congress (2013-2014)
There is one version of the bill.
Introduced in House (02/04/2013)
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[Congressional Bills 113th Congress] [From the U.S. Government Printing Office] [H.R. 492 Introduced in House (IH)] 113th CONGRESS 1st Session H. R. 492 To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 4, 2013 Mr. Stutzman (for himself, Mr. Mulvaney, Mr. McClintock, Mr. Westmoreland, Mr. Thornberry, Mr. Nugent, Mr. Woodall, Mr. Pearce, and Mr. Young of Indiana) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Focusing the Fed on the Currency of the United States Act of 2013'' or the ``FFOCUS Act of 2013''. SEC. 2. REMOVAL OF DUAL MANDATE. Section 2A of the Federal Reserve Act (12 U.S.C. 225a) is amended by striking ``maximum employment, stable prices,'' and inserting ``stable prices''. <all>