Bill
Bill > HR6415
US HR6415
US HR6415To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
summary
Introduced
01/18/2022
01/18/2022
In Committee
01/18/2022
01/18/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
AI Summary
This bill amends the Federal Reserve Act to prohibit Federal Reserve banks from offering certain products or services directly to individuals, maintaining accounts on behalf of individuals, or issuing a central bank digital currency directly to individuals, except as specifically authorized under the Act. This aims to limit the Federal Reserve's direct interactions with individual consumers, focusing its role on serving financial institutions rather than individuals.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Referred to the House Committee on Financial Services. (on 01/18/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/6415/all-info | 01/19/2022 |
| BillText | https://www.congress.gov/117/bills/hr6415/BILLS-117hr6415ih.pdf | 01/21/2022 |
| Bill | https://www.congress.gov/117/bills/hr6415/BILLS-117hr6415ih.pdf.pdf | 01/21/2022 |
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