H.R. 5396

119th CONGRESS 1st Session

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.

IN THE HOUSE OF REPRESENTATIVES · September 16, 2025 · Sponsor: Mr. Hill of Arkansas · Committee: Committee on Financial Services

Table of contents

• H.R. 5396
  • SEC. 1. Short title
  • SEC. 2. Removal of dual mandate

SEC. 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 () is amended by striking maximum employment, stable prices,and inserting stable prices. 12 U.S.C. 225a