Introduced in House
Affirming the independence of the Federal Reserve System, its Chairman, and the Board of Governors.
SEC. . Track this section →
That the House of Representatives— (1) affirms its support for the independence of the Federal Reserve System in setting monetary policy and conducting its operations without political interference; (2) recognizes and maintains the utmost confidence in Chairman Jerome Powell and the Board of Governors for their continued commitment to data-driven, nonpartisan leadership of the Federal Reserve; (3) urges the President and all executive branch officials to respect the statutory independence of the Federal Reserve and refrain from any further action or rhetoric that would compromise its integrity; and (4) reaffirms the critical role of the Federal Reserve in maintaining a stable economic system that benefits all Americans, regardless of political affiliation.