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119-hres-677119th Congress

Affirming the independence of the Federal Reserve System, its Chairman, and the Board of Governors.

Sponsored By: Representative Barragán, Nanette Diaz [D-CA-44]

Introduced

Summary

This resolution would affirm the independence of the Federal Reserve and defend the Fed's role in managing inflation, supporting maximum employment, and keeping the banking system safe.

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  • Families and households: Backs Fed actions that aim to control inflation and support jobs, which affect household budgets and employment prospects.
  • Federal Reserve leaders: Expresses strong confidence in Chair Jerome Powell and the Board of Governors for data-driven, nonpartisan leadership.
  • Executive branch: Urges the President and executive officials to respect the Fed's statutory independence and refrain from rhetoric or actions that could intimidate or remove officials.
  • Markets and global confidence: Warns that attempts to override or remove Fed leaders would violate the Federal Reserve Act and could undermine confidence in the U.S. dollar and financial markets.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Barragán, Nanette Diaz [D-CA-44]

CA • D

Cosponsors

  • Rep. Lieu, Ted [D-CA-36]

    CA • D

    Sponsored 9/4/2025

  • Rep. Dingell, Debbie [D-MI-6]

    MI • D

    Sponsored 9/4/2025

  • Rep. Fields, Cleo [D-LA-6]

    LA • D

    Sponsored 9/4/2025

  • Rep. Thanedar, Shri [D-MI-13]

    MI • D

    Sponsored 9/4/2025

  • Rep. Garamendi, John [D-CA-8]

    CA • D

    Sponsored 9/4/2025

  • Rep. Ansari, Yassamin [D-AZ-3]

    AZ • D

    Sponsored 9/4/2025

  • Rep. McGovern, James P. [D-MA-2]

    MA • D

    Sponsored 9/4/2025

  • Rep. Chu, Judy [D-CA-28]

    CA • D

    Sponsored 9/4/2025

  • Rep. Kelly, Robin L. [D-IL-2]

    IL • D

    Sponsored 9/4/2025

  • Rep. Pocan, Mark [D-WI-2]

    WI • D

    Sponsored 9/4/2025

  • Rep. Craig, Angie [D-MN-2]

    MN • D

    Sponsored 9/4/2025

  • Rep. Moskowitz, Jared [D-FL-23]

    FL • D

    Sponsored 9/4/2025

  • Rep. Kennedy, Timothy M. [D-NY-26]

    NY • D

    Sponsored 9/4/2025

  • Rep. Friedman, Laura [D-CA-30]

    CA • D

    Sponsored 9/4/2025

  • Rep. Jayapal, Pramila [D-WA-7]

    WA • D

    Sponsored 9/4/2025

  • Rep. Pelosi, Nancy [D-CA-12]

    CA • D

    Sponsored 9/4/2025

  • Rep. Goldman, Daniel S. [D-NY-10]

    NY • D

    Sponsored 9/4/2025

  • Rep. Magaziner, Seth [D-RI-2]

    RI • D

    Sponsored 9/4/2025

  • Rep. Johnson, Julie [D-TX-32]

    TX • D

    Sponsored 9/4/2025

  • Rep. Case, Ed [D-HI-1]

    HI • D

    Sponsored 9/4/2025

  • Rep. Bonamici, Suzanne [D-OR-1]

    OR • D

    Sponsored 9/10/2025

  • Rep. Huffman, Jared [D-CA-2]

    CA • D

    Sponsored 9/10/2025

  • Rep. Morrison, Kelly [D-MN-3]

    MN • D

    Sponsored 9/10/2025

  • Rep. Ross, Deborah K. [D-NC-2]

    NC • D

    Sponsored 9/10/2025

  • Rep. Carson, André [D-IN-7]

    IN • D

    Sponsored 9/15/2025

  • Rep. Salinas, Andrea [D-OR-6]

    OR • D

    Sponsored 10/6/2025

Roll Call Votes

No roll call votes available for this bill.

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