# 119-hr-5396: Price Stability Act of 2026

119-hr-5396, Price Stability Act of 2026, is a 119th Congress bill sponsored by Rep. Hill, J. French [R-AR-2] (R-AR); status in_committee; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-5396
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-5396
- Congress: 119
- Title: Price Stability Act of 2026
- Status: in_committee
- Introduced: 2025-09-16
- Sponsor: Rep. Hill, J. French [R-AR-2] (R-AR)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**Narrows the Federal Reserve's mandate to price stability.** This bill would amend Section 2A of the Federal Reserve Act by striking the phrase "maximum employment, stable prices" and inserting "stable prices", eliminating the statute's explicit objective of promoting maximum employment. Section 1 sets the short title as the Price Stability Act of 2026.

## Cosponsors (2)

- Rep. Stutzman, Marlin A. [R-IN-3] (R-IN), 2025-09-16T00:00:00.000Z
- Rep. Donalds, Byron [R-FL-19] (R-FL), 2025-09-16T00:00:00.000Z

## Provisions PRIA read

- Federal Reserve focus on price stability: mixed, high. This bill would remove the words "maximum employment" from the Federal Reserve Act and leave "stable prices" as the statutory goal. If enacted, this would make price stability the Fed's explicit sole statutory objective, effective upon enactment. The Fed would weigh controlling inflation more than…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-9298: Stopping Harmful and Outrageous Torts Act
- 119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026
- 119-hres-1299: Providing for the concurrence by the House in the Senate amendment to H.R. 6644, with amendment.

## Sources
- [119-hr-5396 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/5396)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-9298: Stopping Harmful and Outrageous Torts Act](https://policyrisk.com/legislation/119-hr-9298)
- [119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026](https://policyrisk.com/legislation/119-hr-10184)
- [119-hres-1299: Providing for the concurrence by the House in the Senate amendment to H.R. 6644…](https://policyrisk.com/legislation/119-hres-1299)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-5396 (as of 2026-09-21).