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I
119th CONGRESS
1st Session
H. R. 5396
IN THE HOUSE OF REPRESENTATIVES

September 16, 2025

Mr. Hill of Arkansas (for himself, Mr. Stutzman, and Mr. Donalds) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To 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.

Section 1. Short title

This Act may be cited as the Price Stability Act of 2025.

Sec. 2. Removal of dual mandate

Section 2A of the Federal Reserve Act (12 U.S.C. 225a) is amended by striking maximum employment, stable prices, and inserting stable prices.