# 114-hr-3541: Full Employment Federal Reserve Act of 2015

114-hr-3541, Full Employment Federal Reserve Act of 2015, is a 114th Congress bill sponsored by JOHN CONYERS (D-MI); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3541
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3541
- Congress: 114
- Title: Full Employment Federal Reserve Act of 2015
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2015-09-17
- Sponsor: JOHN CONYERS (D-MI)
- Cosponsors: 15
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

The Full Employment Federal Reserve Act of 2015 This bill amends the Federal Reserve Act with respect to the duty of the Board of Governors of the Federal Reserve System and the Federal Open Market Committee (FOMC) to promote maximum employment and stable prices. The bill defines "maximum employment" as an economy with an unemployment rate of at most 4% that generally includes a labor market in which median wages are rising with worker productivity, job seekers can find work, and involuntary part-time work is at a minimum. The Board and the FOMC are also directed to promote a stable rate of inflation (instead of stable prices) as part of long run growth.

## Cosponsors (15)

- Rep. Kaptur, Marcy [D-OH-9] (D-OH), 2015-09-17T00:00:00.000Z
- Rep. Wilson, Frederica S. [D-FL-24] (D-FL), 2015-09-17T00:00:00.000Z
- Rep. Ellison, Keith [D-MN-5] (D-MN), 2015-09-17T00:00:00.000Z
- Rep. Jackson Lee, Sheila [D-TX-18] (D-TX), 2015-09-17T00:00:00.000Z
- Rep. Johnson, Henry C. "Hank" [D-GA-4] (D-GA), 2015-09-17T00:00:00.000Z
- Rep. Payne, Donald M., Jr. [D-NJ-10] (D-NJ), 2015-09-17T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2015-10-09T00:00:00.000Z
- Rep. Hastings, Alcee L. [D-FL-20] (D-FL), 2015-11-16T00:00:00.000Z
- Rep. Cohen, Steve [D-TN-9] (D-TN), 2015-11-16T00:00:00.000Z
- JOSE SERRANO (D-NY), 2015-11-17T00:00:00.000Z
- Rep. Clarke, Yvette D. [D-NY-9] (D-NY), 2015-11-30T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2015-11-30T00:00:00.000Z
- Rep. Sherman, Brad [D-CA-32] (D-CA), 2015-11-30T00:00:00.000Z
- WM. CLAY (D-MO), 2016-02-09T00:00:00.000Z
- Rep. Garamendi, John [D-CA-8] (D-CA), 2016-02-23T00:00:00.000Z

## Related bills

- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-3514: WAGE Act
- 114-hr-3308: Seniors Have Eyes, Ears, and Teeth Act
- 114-hr-3268: PAST Act
- 114-hr-3185: Equality Act

## Sources
- [114-hr-3541 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3541)

## Related
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-3514: WAGE Act](https://policyrisk.com/legislation/114-hr-3514)
- [114-hr-3308: Seniors Have Eyes, Ears, and Teeth Act](https://policyrisk.com/legislation/114-hr-3308)
- [114-hr-3268: PAST Act](https://policyrisk.com/legislation/114-hr-3268)
- [114-hr-3185: Equality Act](https://policyrisk.com/legislation/114-hr-3185)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3541 (as of 2025-11-18).