legislation: 105-hr-2360

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
105-hr-2360 105 hr 2360 Price Stability Act of 1997 Economics and Public Finance 1997-07-31 1997-08-15 Referred to the Subcommittee on Domestic and International Monetary Policy. House Rep. Saxton, Jim [R-NJ-3] NJ R S000097 1 Price Stability Act of 1997 - Declares that the primary and overriding goal of the Board of Governors of the Federal Reserve System and the Federal Open Market Committee with regard to monetary policy shall be the achievement of price stability. Authorizes the Board and the Committee to suspend such goal if the Committee, by unanimous vote, and the President jointly determine such suspension necessary due to a public interest exigency. Instructs the Board and the Committee to establish an explicit numerical definition of the goal of price stability using prescribed criteria. 2025-08-21T16:13:28Z https://www.congress.gov/bill/105th-congress/house-bill/2360

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