The Federal Reserve’s Mandate: Policy Options

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Report metadata

Identifier

IF12940

Version

4

Product type

Resources

Status

Active

Published

May 21, 2026

Source updated

May 27, 2026, 10:08 am UTC

Authors: Marc Labonte

Source topics: Federal Reserve & Monetary Policy

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Structured Congress.gov references

Related federal bills

• HR 5396To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.
  119th Congress