HR 1512

112th CONGRESS
1st Session

H. R. 1512

To amend the Federal Reserve Act to remove the representatives of the Federal Reserve banks from membership on the Federal Open Market Committee.

IN THE HOUSE OF REPRESENTATIVES

April 13, 2011

Mr. FRANK of Massachusetts introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To amend the Federal Reserve Act to remove the representatives of the Federal Reserve banks from membership on the Federal Open Market Committee.

SECTION 1. REMOVAL OF FEDERAL RESERVE BANK REPRESENTATIVES FROM FOMC.

END