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US HB5396
Bill
Status
Introduced
9/16/2025
Primary Sponsor
French Hill
Click for details
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