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S. 1700 · 92nd Congress · 1971–1972

A bill to amend section 14(5) 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

S. 1700 in the 92nd Congress (1971–1972) became law — introduced in 1971, sponsored by John Sparkman.

During the 92nd Congress (1971–1972), Richard Nixon was president, and Democrats held majorities in both the House and Senate.

Status
Became law
Introduced
1971
Policy area
Business and commerce

Sponsor

John Sparkman (D-AL)

Where it stands

  • Introduced1971
  • Passed the SenateYes
  • Passed the HouseYes
  • Sent to the PresidentYes
  • Became lawYes

More bills from John Sparkman in the 92nd Congress

Other Business and commerce bills in the 92nd Congress

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

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