HR 146 119th Congress House In Committee

Prohibition on IOER Act of 2025

Latest action: Referred to the House Committee on Financial Services. · Jan 3, 2025

View full text on Congress.gov ↗ Policy area: Finance and Financial Sector

Legislative Summary

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.

Source: Congressional Research Service (CRS).

Sponsor

Rep. Davidson, Warren [R-OH-8]
Independent · OH

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