HR 344

112th CONGRESS
1st Session

H. R. 344

To amend the Federal Reserve Act to remove the power of Federal reserve banks to buy and sell municipal securities, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

January 19, 2011

Mr. NEUGEBAUER introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To amend the Federal Reserve Act to remove the power of Federal reserve banks to buy and sell municipal securities, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. REMOVAL OF POWER TO BUY AND SELL MUNICIPAL SECURITIES.

END