Federal · 119th Congress
Price Stability Act of 2026
Policy areaFinance and Financial Sector
Summary
This bill removes maximum employment as a goal of the monetary policy set by the Board of Governors of the Federal Reserve System and the Federal Open Market Committee.
Sponsor
Cosponsors2
Other titles3
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.Official Title as Introduced
Price Stability Act of 2025Short Title(s) as Introduced
Price Stability Act of 2026Short Title(s) as Reported to House
Legislative history6
Jun 24, 2026
HousePlaced on the Union Calendar, Calendar No. 616.
Jun 24, 2026
House · CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 119-710.
May 13, 2026
House · CommitteeOrdered to be Reported (Amended) by the Yeas and Nays: 30 - 21.
May 13, 2026
House · CommitteeCommittee Consideration and Mark-up Session Held
Sep 16, 2025
HouseReferred to the House Committee on Financial Services.
Sep 16, 2025
IntroducedIntroduced in House
Documents3
Texts