Right-size the Federal Reserve Act

Hozzl · 2025-05-23T14:24:17Z

Explore the details of Senate Bill 1648 Right-size the Federal Reserve Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

5/23/2025, 2:24 PM

Summary of Bill S 1648

The bill titled "A bill to limit the total assets of Federal reserve banks, and for other purposes" was introduced in the 119th Congress on May 7, 2025.

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Current Status of Bill S 1648

Bill S 1648 is currently in the status of Bill Introduced since May 7, 2025. Bill S 1648 was introduced during Congress 119 and was introduced to the Senate on May 7, 2025. Bill S 1648's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 7, 2025

Bipartisan Support of Bill S 1648

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 S 1648

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 1648

A bill to limit the total assets of Federal reserve banks, and for other purposes.

Comments

Holly Kane

624

8 months ago

I just heard about this new bill and I have to say, I am not a fan of it at all. It seems like it's going to mess with things that have been working just fine for years. I don't see how this is going to benefit anyone, especially not me. I really hope this doesn't end up causing more harm than good.