113th Congress > House > Vote 1176

Date: December 02, 2014

Result: 422-0 (Passed)

Clerk session vote number: 538

Vote Subject Matter: Government Management / Government Organization

Sponsor: PITTENGER, Robert (R-NC)

Bill number: HR3240

Question: On Motion to Suspend the Rules and Pass

Description: To instruct the Comptroller General of the United States to study the impact of Regulation D, and for other purposes

Bill summary: (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Regulation D Study Act - Directs the Comptroller General (GAO) to study the impact upon depository institutions, consumers, and monetary policy of the requirement that depository institutions maintain reserves in accordance with the Federal Reserve Act and Regulation D (Reserve Requirements of Depository Institutions). Requires such study to include: (1) a historic review of how the Board of Governors of the Federal Reserve System has used reserve requirements to conduct U.S. monetary policy, (2) the impact of the maintenance of reserves upon depository institutions, (3) the impact upon consumers in managing their accounts, and (4) alternatives available to the Board to maintain reserves to effect monetary policy.

Bill titles: To instruct the Comptroller General of the United States to study the impact of Regulation D, and for other purposes.

Links for more info on the vote: congress.gov

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