H.R. 146In Committee

Prohibition on IOER Act of 2025

Introduced: Jan 3, 2025

Latest action date: Jan 3, 2025

Executive Summary

Prohibition on IOER Act of 2025

This bill prohibits a Federal Reserve bank from paying interest to a depository institution on reserve balances in excess of minimum requirements. 

Latest Action

Referred to the House Committee on Financial Services.

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