H.R. 146 explained · 119th Congress · Pending in Congress
Prohibition on IOER Act of 2025
Cosponsors: none · per Congress.gov, 2026-10-12
Introduced: 2025-01-03
Latest action (2025-01-03): Referred to the House Committee on Financial Services.
What H.R. 146 does, in plain terms
Prohibition on IOER Act of 2025 This bill prohibits a Federal Reserve bank from paying interest to a depository institution on reserve balances in excess of minimum requirements.
Official summary by the Congressional Research Service, via Congress.gov.
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