Prohibition on IOER Act of 2025
In committeeIntroducedJan 3, 2025
Policy areaFinance and Financial Sector
What this bill is intended to do
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
Jan 3, 2025Referred to the House Committee on Financial Services.
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