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US HR2287

US HR2287
Protecting Families from Inflation Act


summary

Introduced
03/24/2025
In Committee
03/24/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To require the Board of Governors of the Federal Reserve System to conduct a study on the impact certain United States tariffs have on the cost of goods and services in the United States, and for other purposes.

AI Summary

This bill requires the Board of Governors of the Federal Reserve System (the Fed) to conduct a comprehensive study examining how United States tariffs implemented since 2017 affect the prices of goods and services for consumers and small businesses. The study will analyze the collective impact of these tariffs on the cost of living and business expenses. Within 270 days of the bill's enactment, the Fed must submit a detailed report to Congress outlining the findings of this research. The bill is titled the "Protecting Families from Inflation Act," which suggests its primary aim is to understand how trade policies might be contributing to increased prices for American families and small enterprises. By mandating this study, the legislation seeks to provide policymakers with empirical data about the economic consequences of tariffs, potentially informing future trade and economic policy decisions.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Referred to the House Committee on Ways and Means. (on 03/24/2025)

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