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H.R. 12346 · 86th Congress · 1959–1960

To amend section 14(b) of the Federal Reserve Act, as amended, to extend for 2 years the authority of Federal Reserve banks to purchase U.S. obligations directly from the Treasury

H.R. 12346 in the 86th Congress (1959–1960) became law — introduced in 1960, sponsored by Brent Spence.

During the 86th Congress (1959–1960), Dwight D. Eisenhower was president, and Democrats held majorities in both the House and Senate.

Status
Became law
Introduced
1960
Policy area
Business and commerce

Sponsor

Brent Spence (D-KY)

Where it stands

  • Introduced1960
  • Passed the HouseYes
  • Passed the SenateYes
  • Sent to the PresidentYes
  • Became lawYes

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From the Congressional Bills Project (Adler and Wilkerson), covering 1947–2002.

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