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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Centennial Monetary Commission Act of 2015

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to establish a commission to examine the United States monetary policy, evaluate alternative monetary regimes, and recommend a course for monetary policy going forward.


Actions Overview (1)

Date
07/16/2015 Introduced in Senate

All Actions (1)

Date
07/16/2015 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S5172-5173)
Action By: Senate

Cosponsors (2)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Paul, Rand [R-KY]* 07/16/2015
Sen. Cruz, Ted [R-TX]* 07/16/2015

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Banking, Housing, and Urban Affairs07/16/2015 Referred to

Related Bills (2)

A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-congress measures.

Subjects (8)

  • Advisory bodies
  • Congressional oversight
  • Economic performance and conditions
  • Federal Reserve System
  • Government studies and investigations
  • Inflation and prices
  • Monetary policy

Latest Summary (1)

There is one summary for S.1786. View summaries

Shown Here:
Introduced in Senate (07/16/2015)

Centennial Monetary Commission Act of 2015

This bill establishes the Centennial Monetary Commission to: (1) examine how U.S. monetary policy since the creation of the Federal Reserve Board in 1913 has affected the performance of the U.S. economy in terms of output, employment, prices, and financial stability over time; (2) evaluate various operational regimes under which the Board and the Federal Open Market Committee may conduct monetary policy in terms achieving the maximum sustainable level of output and employment and price stability over the long term; and (3) recommend a course for U.S. monetary policy going forward.

The Commission shall evaluate as a tool of monetary policy: (1) macro-prudential supervision and regulation, and (2) the lender-of-last-resort function of the Board.