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H.R. 4438IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 2 · H.R. 4438

Findings

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The Congress finds the following: (1) The article I, section 8 of the Constitution states that only Congress has the authority to coin money and regulate the value of such money. (2) The Federal Reserve Act of 1913 provides that the Federal Reserve banks shall act as the fiscal agents of the United States and depositories when required to do so by the Secretary of the Treasury.

Sec. 2: Findings · Public Law Tracker