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TOO LATE Act
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.
Read the Full Bill
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
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy 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.
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.
Comments
Jamari Jordan
621
5 months ago
This bill is bad for me and my family. It's gonna make things harder for us. I don't like it.
Scott Goodman
582
5 months ago
Can't believe they passed it, what's gonna happen now? #confused #HR4975 #toolateact
Willa Lucas
600
5 months ago
This bill is good for us, but what will it do in the long run?
Sponsors and Cosponsors of HR 4975
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