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Prohibition on IOER Act of 2024

3/18/2024, 10:22 PM

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Current Status of Bill HR 7562

Bill HR 7562 is currently in the status of Bill Introduced since March 6, 2024. Bill HR 7562 was introduced during Congress 118 and was introduced to the House on March 6, 2024.  Bill HR 7562's most recent activity was Referred to the House Committee on Financial Services. as of March 6, 2024

Bipartisan Support of Bill HR 7562

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7562

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 7562

Prohibition on IOER Act of 2024
To amend the Federal Reserve Act to prohibit Federal reserve banks from paying interest on excess reserves.
Prohibition on IOER Act of 2024

Comments

Sponsors and Cosponsors of HR 7562

Warren Davidson
Warren Davidson
OhioRepublican

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