H.R. 146 Introduced Finance and Financial Sector

Prohibition on IOER Act of 2025

To amend the Federal Reserve Act to prohibit Federal reserve banks from paying interest on excess reserves.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Davidson, Warren [R-OH-8] Introduced January 3, 2025 Cosponsors 0 Latest action January 3, 2025

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Jan 3, 2025 Referred to the House Committee on Financial Services.
  2. Jan 3, 2025 Introduced in House

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