Price Stability Act of 2026

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5396 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 5396

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.

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                    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.

    Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

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''.
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