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US HB5396

Bill

Status

Introduced

9/16/2025

Primary Sponsor

French Hill

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Amends Section 2A of the Federal Reserve Act (12 U.S.C. 225a) to eliminate the "maximum employment" component from the Federal Reserve's dual mandate
  • Establishes price stability as the sole statutory objective for the Board of Governors and the Federal Open Market Committee
  • Introduced September 16, 2025 by Rep. Hill of Arkansas along with Reps. Stutzman and Donalds
  • Referred to the House Committee on Financial Services

Legislative Description

Price Stability Act of 2025

Finance and financial sector

Last Action

Referred to the House Committee on Financial Services.

9/16/2025

Committee Referrals

Financial Services9/16/2025

Full Bill Text

No bill text available