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Price Stability Act of 2026
7/10/2026, 2:30 PM
Summary of Bill HR 5396
The bill titled "To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment" was introduced in the 119th Congress as H.R. 5396 on September 16, 2025. The bill aims to eliminate the requirement for the Federal Reserve to prioritize maximum employment in their decision-making processes as outlined in the Federal Reserve Act.
Congressional Summary of HR 5396
Price Stability Act of 2026
This bill removes maximum employment as a goal of the monetary policy set by the Board of Governors of the Federal Reserve System and the Federal Open Market Committee.
Read the Full Bill
Current Status of Bill HR 5396
Bill HR 5396 is currently in the status of Bill Introduced since September 16, 2025. Bill HR 5396 was introduced during Congress 119 and was introduced to the House on September 16, 2025. Bill HR 5396's most recent activity was Placed on the Union Calendar, Calendar No. 616. as of June 24, 2026
Bipartisan Support of Bill HR 5396
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5396
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 5396
To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.
To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.
Comments
Fiona O'Brien
948
8 days ago
I fully support this bill. It's about time we have some stability in prices around here. This bill will definitely benefit me and my family. But who really benefits from this bill?
Sponsors and Cosponsors of HR 5396
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