tsai3904
11-17-2015, 11:00 AM
The House is scheduled to vote on H.R. 3189, the Fed Oversight Reform and Modernization Act of 2015 or the FORM Act of 2015, either November 18 or 19.
Included in the bill is Rep. Thomas Massie's H.R. 24 to audit the Fed. Massie has mentioned many times that he didn't expect his bill to get a standalone vote since leadership doesn't want to give him any credit.
The bill includes a lot of policy changes to the Fed, like implementing a rules-based monetary policy, so this will be a very partisan vote.
Here's a brief summary of the bill:
Auditing the Fed and 3 Other Monetary Policy Reforms Lawmakers Slated to Vote on This Week
Proponents of monetary policy reform and financial deregulation have had very little to cheer about during the last few years.
Even many of the positive reform efforts in the U.S. House have been largely isolated to the Financial Services Committee, with little hope of even receiving a vote in the House, much less becoming law.
But now there’s an indication that the new House leadership is ready to support serious policy reforms: The House is scheduled to vote this week on the Fed Oversight Reform and Modernization Act of 2015 (the FORM Act).
The FORM Act includes many policy ideas that would help improve U.S. monetary policy. The following list provides four key policy changes that this type of legislation would institute.
...
More:
http://dailysignal.com/2015/11/16/auditing-the-fed-and-3-other-monetary-policy-reforms-lawmakers-slated-to-vote-on-this-week/
Included in the bill is Rep. Thomas Massie's H.R. 24 to audit the Fed. Massie has mentioned many times that he didn't expect his bill to get a standalone vote since leadership doesn't want to give him any credit.
The bill includes a lot of policy changes to the Fed, like implementing a rules-based monetary policy, so this will be a very partisan vote.
Here's a brief summary of the bill:
Auditing the Fed and 3 Other Monetary Policy Reforms Lawmakers Slated to Vote on This Week
Proponents of monetary policy reform and financial deregulation have had very little to cheer about during the last few years.
Even many of the positive reform efforts in the U.S. House have been largely isolated to the Financial Services Committee, with little hope of even receiving a vote in the House, much less becoming law.
But now there’s an indication that the new House leadership is ready to support serious policy reforms: The House is scheduled to vote this week on the Fed Oversight Reform and Modernization Act of 2015 (the FORM Act).
The FORM Act includes many policy ideas that would help improve U.S. monetary policy. The following list provides four key policy changes that this type of legislation would institute.
...
More:
http://dailysignal.com/2015/11/16/auditing-the-fed-and-3-other-monetary-policy-reforms-lawmakers-slated-to-vote-on-this-week/