Respect for Workers Act
- Last Action
- 5/15/2023
Actions
- 2023-05-15Referred to the House Committee on Financial Services.
- 2023-05-15Introduced in House
- 2023-05-15Introduced in House
CRS Summary
As of 2023-05-15 (00)
Respect for Workers Act
This bill requires at least one member of the Board of Governors of the Federal Reserve System to have experience supporting or protecting the rights of workers. This member is in charge of developing policy recommendations regarding the board's goal of maximum employment. (The board is made up of seven members that are nominated by the President and confirmed by the Senate. Members serve 14-year terms, with one term beginning every two years.)
The bill also requires the board to discuss in their semiannual report the distributional effect of monetary policy.
Sourced from Congress.gov (public domain).
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