Federal Reserve Monetary Policy Mandate
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2025-03-25 — Anti-CBDC Surveillance State Act: cross-connection with federal-reserve-cbdc-prohibition: The bill would statutorily foreclose CBDC as a monetary-policy tool, narrowing the Fed’s operational mandate. (novelty: 3)
- 2026-06-24 — Price Stability Act of 2026: Price Stability Act of 2026 (HR5396, 119th Congress) proposes amending the Federal Reserve Act to strike maximum employment from the FOMC/Board mandate, leaving price stability as the sole statutory monetary-policy objective; placed on Union Calendar No. 616 on 2026-06-24 (introduced, not enacted). (novelty: 4)