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FAIR Act

8/6/2025, 8:08 AM

Summary of Bill HR 4789

The bill titled "To amend the Federal Reserve Act to strike a provision relating to earnings on balances, and for other purposes" was introduced in the 119th Congress on July 29, 2025. The bill aims to amend specific sections of the Federal Reserve Act related to earnings on balances and includes additional provisions beyond this change. For further details and the full text of the bill, refer to the official PDF version.

Current Status of Bill HR 4789

Bill HR 4789 is currently in the status of Bill Introduced since July 29, 2025. Bill HR 4789 was introduced during Congress 119 and was introduced to the House on July 29, 2025.  Bill HR 4789's most recent activity was Referred to the House Committee on Financial Services. as of July 29, 2025

Bipartisan Support of Bill HR 4789

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
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 4789

Primary Policy Focus

Alternate Title(s) of Bill HR 4789

To amend the Federal Reserve Act to strike a provision relating to earnings on balances, and for other purposes.
To amend the Federal Reserve Act to strike a provision relating to earnings on balances, and for other purposes.

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