HOUSE 146119th CongressReferred to the House Committee on Oversight and Government Reform.

Honoring the legacy of the Harlem Renaissance, a cultural, social, and political movement in American history.

Last Action: 2/21/2025

Actions

2025-01-03Referred to the House Committee on Financial Services.
2025-01-03Introduced in House
2025-01-03Introduced in House

CRS Summary

As of 2025-01-03 (00)

Prohibition on IOER Act of 2025

This bill prohibits a Federal Reserve bank from paying interest to a depository institution on reserve balances in excess of minimum requirements.

Subjects

Banking and financial institutions regulation
Federal Reserve System
Financial services and investments
Interest, dividends, interest rates

Read on Congress.gov

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