What This Bill Does · Plain English
Summary · Congress.gov
Price Stability Act of 2026 This bill removes maximum employment as a goal of the monetary policy set by the Board of Governors of the Federal Reserve System and the Federal Open Market Committee.
Action Timeline
2025-09-16
Referred to the House Committee on Financial Services.
2025-09-16
Introduced in House
2025-09-16
Introduced in House
Frequently Asked Questions
Did HR.5396 pass?
HR.5396 is still alive. Current stage: REPORTED. Pass likelihood: pending.
What does HR.5396 do?
Price Stability Act of 2026 This bill removes maximum employment as a goal of the monetary policy set by the Board of Governors of the Federal Reserve System and the Federal Open Market Committee.
Who sponsored HR.5396?
HR.5396 was sponsored by J. French Hill (R-Arkansas).
Full Bill Text
119 HR 5396 IH: Price Stability Act of 2025 U.S. House of Representatives 2025-09-16 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 5396 IN THE HOUSE OF REPRESENTATIVES September 16, 2025 Mr. Hill of Arkansas (for himself, Mr. Stutzman , and Mr. Donalds ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment. 1. Short title This Act may be cited as the Price Stability Act of 2025 . 2. Removal of dual mandate Section 2A of the Federal Reserve Act ( 12 U.S.C. 225a ) is amended by striking maximum employment, stable prices, and inserting stable prices .
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