H.R. 5396
IntroducedPrice Stability Act of 2026
Full text of the bill
Official source on Congress.gov ↗[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5396 Reported in House (RH)] <DOC> Union Calendar No. 616 119th CONGRESS 2d Session H. R. 5396 [Report No. 119-710] 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. _______________________________________________________________________ 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 June 24, 2026 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed [Strike out all after the enacting clause and insert the part printed in italic] [For text of introduced bill, see copy of bill as introduced on September 16, 2025] _______________________________________________________________________ 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Price Stability Act of 2026''. SEC. 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''. Union Calendar No. 616 119th CONGRESS 2d Session H. R. 5396 [Report No. 119-710] _______________________________________________________________________ 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. _______________________________________________________________________ June 24, 2026 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
Plain-language analysis
Not yet analyzed.
A plain-language breakdown — including any hidden or off-intent provisions and whether the bill was fast-tracked — is generated separately and reviewed before publishing. It will appear here once ready. Until then, the verbatim text above and the official source are the record.