Senate amendments insert a complete new text entitled "Hizballah International Financing Prevention Act of 2015" and appears on page H9341 of the December 16, 2015 Congressional Record.
What it does: Adds SEC. 17. PUBLIC TRANSCRIPTS OF FOMC MEETINGS at the end of the bill
Rep. Steve King (R-IA)Description
An amendment numbered 6 printed in Part C of House Report 114-341 to require the FOMC to make public the full transcriptions of their meetings.
We couldn't match these changes to the text of H.R. 3189, so they're shown as written.
Adds SEC. 17. PUBLIC TRANSCRIPTS OF FOMC MEETINGS at the end of the bill
Adds a sectionInserted: SEC. 17. PUBLIC TRANSCRIPTS OF FOMC MEETINGS.
Inserted: Section 12A of the Federal Reserve Act (12 U.S.C. 263), as amended by this Act, is further amended by adding at the end the following:
Inserted: "(e) Public Transcripts of Meetings.--The Committee shall--
Inserted: "(1) record all meetings of the Committee; and
Inserted: "(2) make the full transcript of such meetings available to the public.".
Original wording
Add at the end the following:
Change made on the floor
Add at the end the following:
Page 53, line 4, strike “and”.
Page 53, line 11, strike the period and insert “; and”.
Page 53, after line 11, insert the following:
(F) consider the effects of the GDP output and employment targets of the “dual mandate” (both from the creation of the dual mandate in 1977 until the present time and estimates of the future effect of the dual mandate ) on--
(i) United States economic activity;
(ii) Federal Reserve actions; and
(iii) Federal debt.
Page 53, line 18, add at the end the following: “In making such report, the Commission shall specifically report on the considerations required under paragraph (1)(F).”.
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Add at the end the following:
SEC. 17. PUBLIC TRANSCRIPTS OF FOMC MEETINGS.
Section 12A of the Federal Reserve Act (12 U.S.C. 263), as amended by this Act, is further amended by adding at the end the following:
“(e) Public Transcripts of Meetings.--The Committee shall--
“(1) record all meetings of the Committee; and
“(2) make the full transcript of such meetings available to the public.”.
Legislative Activity
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Amendment agreed to Committee of the Whole
November 18, 2015 • 7:18 PM
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Amendment agreed to Committee of the Whole
November 18, 2015 • 7:18 PM
House amendment agreed to: On agreeing to the King (IA) amendment (A005) as modified Agreed to by voice vote.
November 18, 2015 • 7:18 PM
House amendment offered/reported by: Amendment (A005) offered by Mr. King (IA).(consideration: CR H8340-8342; text: CR H8340)
November 18, 2015 • 7:07 PM
House amendment offered
November 18, 2015
Amendment (A005) offered by Mr. King (IA). (consideration: CR H8340-8342; text: CR H8340)
November 18, 2015 • 7:07 PM
King (IA) amendment (A005) modified by unanimous consent. Modification adds the provisions of the amendment No. 4 printed in House Report 114-341. (text as modified: CR H8341)
November 18, 2015 • 7:14 PM
On agreeing to the King (IA) amendment (A005) as modified Agreed to by voice vote.
November 18, 2015 • 7:18 PM