Protecting Families from Inflation Act

Hozzl · 2025-04-03T21:08:22Z

Explore the details of House Bill 2287 Protecting Families from Inflation Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Foreign Trade and International Finance. Stay informed on legislative developments.

4/3/2025, 9:08 PM

Summary of Bill HR 2287

Bill 119 HR 2287, also known as the "Tariff Impact Study Act," aims to require the Board of Governors of the Federal Reserve System to conduct a study on the effects of specific tariffs imposed by the United States government on the prices of goods and services within the country. The bill seeks to analyze how these tariffs impact the overall cost of living for American consumers and businesses.

The study mandated by the bill will examine the direct and indirect consequences of tariffs on various sectors of the economy, including manufacturing, agriculture, and retail. It will also assess the potential effects on inflation, consumer spending, and overall economic growth.

Additionally, the bill requires the Federal Reserve to provide recommendations on how to mitigate any negative impacts of tariffs on the cost of goods and services in the United States. This information will be crucial for policymakers to make informed decisions on trade policies and regulations. Overall, the Tariff Impact Study Act aims to provide valuable insights into the economic consequences of tariffs and help guide future policy decisions to ensure the well-being of American consumers and businesses.

Current Status of Bill HR 2287

Bill HR 2287 is currently in the status of Bill Introduced since March 24, 2025. Bill HR 2287 was introduced during Congress 119 and was introduced to the House on March 24, 2025. Bill HR 2287's most recent activity was Referred to the House Committee on Ways and Means. as of March 24, 2025

Bipartisan Support of Bill HR 2287

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2287

Primary Policy Focus

Foreign Trade and International Finance

Alternate Title(s) of Bill HR 2287

To require the Board of Governors of the Federal Reserve System to conduct a study on the impact certain United States tariffs have on the cost of goods and services in the United States, and for other purposes.To require the Board of Governors of the Federal Reserve System to conduct a study on the impact certain United States tariffs have on the cost of goods and services in the United States, and for other purposes.

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