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Senate Urges Federal Reserve to Lower Interest Rates for Economic Growth

The U.S. Senate expresses its view that the Federal Reserve should immediately lower interest rates. This aims to reduce borrowing costs for families and businesses, support job creation, and improve affordability for homes and education. Lower interest rates could also stimulate investment and economic activity, leading to lower prices for goods and services.
Key points
Lowering interest rates aims to reduce costs for mortgages, student loans, and business credit.
Lower rates could stimulate the economy, create jobs, and potentially lower prices.
This would lead to greater financial accessibility for citizens and businesses.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_SRES_347
Sponsor: Sen. Moreno, Bernie [R-OH]
Process start date: 2025-07-30
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A resolution expressing the sense of the Senate that the Board of Governors of the Federal Reserve System and the Federal Open Market Committee should take immediate steps to lower interest rates to support economic growth, job creation, and affordability for American families and businesses.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_SRES_347.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-07-30.

What are the main provisions?

Key points include:

  • Lowering interest rates aims to reduce costs for mortgages, student loans, and business credit.
  • Lower rates could stimulate the economy, create jobs, and potentially lower prices.
  • This would lead to greater financial accessibility for citizens and businesses.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Moreno, Bernie [R-OH].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy