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Federal Reserve Dual Appointment Ban: Strengthening Central Bank Independence

This new act aims to strengthen the independence of the Federal Reserve, a crucial institution for economic stability. It prohibits individuals employed by the Fed, including Board members and regional bank staff, from simultaneously holding other public offices appointed by the President. This is intended to prevent conflicts of interest and political influence on monetary policy decisions, which indirectly affects price stability and citizens' savings.
Key points
Individuals working at the Federal Reserve will not be able to simultaneously hold other government positions appointed by the President.
The change aims to protect monetary policy decisions from political influence, which is important for economic stability and purchasing power.
Greater independence of the Federal Reserve can contribute to more predictable economic policy, benefiting citizens' and businesses' financial planning.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_S_2817
Sponsor: Sen. Gallego, Ruben [D-AZ]
Process start date: 2025-09-16
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Fed Integrity and Independence Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2817.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-09-16.

What are the main provisions?

Key points include:

  • Individuals working at the Federal Reserve will not be able to simultaneously hold other government positions appointed by the President.
  • The change aims to protect monetary policy decisions from political influence, which is important for economic stability and purchasing power.
  • Greater independence of the Federal Reserve can contribute to more predictable economic policy, benefiting citizens' and businesses' financial planning.
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. Gallego, Ruben [D-AZ].

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 Courts and Law