TOO LATE Act

Hozzl · 2025-08-19T06:38:21Z

Explore the details of House Bill 4975 TOO LATE Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

8/19/2025, 6:38 AM

Summary of Bill HR 4975

H.R. 4975 of the 119th Congress, introduced on August 15, 2025, aims to amend the Federal Reserve Act to create processes for the removal of the Chairman of the Board of Governors of the Federal Reserve System, along with addressing other objectives not specified in the provided context.

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Current Status of Bill HR 4975

Bill HR 4975 is currently in the status of Bill Introduced since August 15, 2025. Bill HR 4975 was introduced during Congress 119 and was introduced to the House on August 15, 2025. Bill HR 4975's most recent activity was Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of August 15, 2025

Bipartisan Support of Bill HR 4975

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Policy Area and Potential Impact of Bill HR 4975

Primary Policy Focus

Alternate Title(s) of Bill HR 4975

To amend the Federal Reserve Act to establish procedures for removal of the Chairman of the Board of Governors of the Federal Reserve System, and for other purposes.