A resolution expressing the sense of the Senate that the Board of Governors of the Federal Reserve System and the Federal Open Market Committee should take immediate steps to lower interest rates to support economic growth, job creation, and affordability for American families and businesses.

8/1/2025, 3:48 AM

Summary of Bill SRES 347

The bill, designated as S.Res. 347 in the 119th Congress and introduced on July 30, 2025, is a resolution expressing the Senate's view that the Federal Reserve's Board of Governors and the Federal Open Market Committee should promptly reduce interest rates to bolster economic expansion, facilitate job generation, and enhance financial accessibility for American households and businesses.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill SRES 347

Bill SRES 347 is currently in the status of Bill Introduced since July 30, 2025. Bill SRES 347 was introduced during Congress 119 and was introduced to the Senate on July 30, 2025. Bill SRES 347's most recent activity was Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S4909: 1) as of July 30, 2025

Bipartisan Support of Bill SRES 347

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 SRES 347

Primary Policy Focus

Alternate Title(s) of Bill SRES 347

A resolution expressing the sense of the Senate that the Board of Governors of the Federal Reserve System and the Federal Open Market Committee should take immediate steps to lower interest rates to support economic growth, job creation, and affordability for American families and businesses.

Comments

Madelyn Rogers

491

5 months ago

I think this is a good idea to help the economy and make things better for families and businesses. Lowering interest rates could be a positive thing for everyone. It might help me with my finances too.