,i #aag? ,,congress #b;d ,session ,h4 ,r4 #fcii ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #ac1 #bjbb ,mr4 ,emm] introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to e/abli% ! ,unit$ ,/ates ,work+ ,gr\p on ,inflation4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,inflation ,work+ ,gr\p ,act4 #b4 ,e/abli%m5t 7a7 ,e/abli%m5t ,!re is e/abli%$ 9 ! legislative bran* ! ,unit$ ,/ates ,work+ ,gr\p on ,inflation 79 ?is ,act ref]r$ to z ! ,work+ ,gr\p74 7b7 ,memb]%ip ,! ,work+ ,gr\p %all be compos$ ( #ag memb]s4 ,memb]s ( ! ,work+ ,gr\p %all be appo9t$ 9 accordance ) ! foll[+3 7#a7 ,f\r memb]s %all be appo9t$ by ! ,speak] ( ! ,h\se ( ,repres5tatives4 7#b7 ,f\r memb]s %all be appo9t$ by ! m9ority lead] ( ! ,h\se ( ,repres5tatives4 7#c7 ,f\r memb]s %all be appo9t$ by ! majority lead] ( ! ,s5ate4 7#d7 ,f\r memb]s %all be appo9t$ by ! m9ority lead] ( ! ,s5ate4 7#e7 ,"o memb]1 :o %all s]ve z ! ,*airp]son ( ! ,work+ ,gr\p1 %all be jo9tly appo9t$ by ! ,speak] ( ! ,h\se ( ,repres5tatives1 ! m9ority lead] ( ! ,h\se ( ,repres5tatives1 ! majority lead] ( ! ,s5ate1 & ! m9ority lead] ( ! ,s5ate4 7c7 ,qualifications2 initial meet+ 7#a7 ,qualification ,x is ! s5se ( ,congress t individuals appo9t$ to ! ,work+ ,gr\p %\ld be prom95t ,unit$ ,/ates citiz5s ) national recognition & significant dep? ( exp]i5ce 9 macroeconomic policy4 7#b7 ,initial meet+ ,! ,work+ ,gr\p %all meet & beg9 ! initial op]ation ( ! ,work+ ,gr\p z soon z practicable1 b n e>li] ?an #ae days aft] ! date ( ! enactm5t ( ?is ,act4 7d7 ,tim+ = appo9tm5t ,all memb]s ( ! ,work+ ,gr\p %all be appo9t$ n lat] ?an #aj days aft] ! date ( ! enactm5t ( ?is ,act4 7e7 ,quorum2 vacancies ,aft] its initial meet+1 ! ,work+ ,gr\p %all meet ^u ! call ( ! ,*airp]son or a majority ( its memb]s4 ,a majority ( memb]s ( ! ,work+ ,gr\p %all con/itute a quorum4 ,any vacancy 9 ! ,work+ ,gr\p %all n affect its p[]s1 b %all be promptly fill$ 9 ! same mann] 9 :i* ! orig9al appo9tm5t 0 made4 7f7 ,comp5sation ,ea* memb] ( ! ,work+ ,gr\p :o is n an (fic] or employee ( ! ,f$]al ,gov]nm5t may be comp5sat$ at a rate n to exce$ ! daily equival5t ( ! annual rate ( basic pay 9 effect = a position at level ,,iii ( ! ,executive ,s*$ule "u section #ecad ( title #e1 ,unit$ ,/ates ,code1 = ea* day dur+ :i* ! memb] is engag$ 9 ! actual p]=mance ( ! duties ( ! ,work+ ,gr\p4 7g7 ,travel exp5ses ,ea* memb] ( ! ,work+ ,gr\p %all receive travel exp5ses1 includ+ p] diem 9 lieu ( subsi/5ce1 9 accordance ) applicable provisions "u sub*apt] ,i ( *apt] #eg ( title #e1 ,unit$ ,/ates ,code4 #c4 ,p[]s 7a7 ,contract+ ,! ,work+ ,gr\p may1 to su* ext5t & 9 su* am\nts z are provid$ 9 appropriations ,acts1 ent] into contracts to enable ! ,work+ ,gr\p to dis*>ge its duties "u ?is ,act4 7b7 ,obta9+ (ficial data 7#a7 ,9 g5]al ,! ,work+ ,gr\p may secure directly f any ,f$]al dep>tm5t or ag5cy in=mation t is necess>y to enable x to c>ry out its purposes & functions "u ?is ,act4 ,^u reque/ ( ! ,*airp]son1 ! head ( su* dep>tm5t or ag5cy %all furni% su* in=mation to ! ,work+ ,gr\p4 7#b7 ,receipt1 h&l+1 /orage1 & dissem9ation ,in=mation obta9$ by ! ,work+ ,gr\p %all only be receiv$1 h&l$1 /or$1 & dissem9at$ by memb]s ( ! ,work+ ,gr\p or its /aff consi/5t ) all applicable /atutes1 regulations1 & ,executive ord]s4 7c7 ,assi/ance f f$]al ag5cies 7#a7 ,g5]al ,s]vices ,adm9i/ration ,^u ! reque/ ( ! ,work+ ,gr\p1 ! ,ar*itect ( ! ,capitol %all provide to ! ,work+ ,gr\p1 on a reimbursable basis1 ! adm9i/rative support s]vices & (fice space necess>y = ! ,work+ ,gr\p to c>ry out its purposes & functions "u ?is ,act4 7#b7 ,o!r f$]al dep>tm5ts & ag5cies ,9 addition to ! assi/ance prescrib$ 9 p>agraph 7#a71 ,f$]al dep>tm5ts & ag5cies may provide to ! ,work+ ,gr\p su* s]vices1 funds1 facilities1 /aff1 & o!r support s]vices z det]m9$ advisable & au?oriz$ by law4 7d7 ,po/al s]vices ,! ,work+ ,gr\p may use ! ,unit$ ,/ates mail 9 ! same mann] & "u ! same conditions z ,f$]al dep>tm5ts & ag5cies4 #d4 ,/aff 7a7 ,appo9tm5t 7#a7 ,9 g5]al ,! ,*airp]son may appo9t & fix ! comp5sation ( a ,/aff ,director & su* o!r p]sonnel z may be necess>y to enable ! ,work+ ,gr\p to c>ry out its purposes & functions1 )\t reg>d to ! provisions ( title #e1 ,unit$ ,/ates ,code1 gov]n+ appo9tm5ts 9 ! competitive s]vice1 & )\t reg>d to ! provisions ( *apt] #ea & sub*apt] ,,iii ( *apt] #ec ( su* title relat+ to classification & ,g5]al ,s*$ule pay rates1 except t no rate ( pay fix$ "u ?is subsection may exce$ ! equival5t ( t payable = a position at level ,,iv ( ! ,executive ,s*$ule "u section #ecae ( title #e1 ,unit$ ,/ates ,code4 7#b7 ,cov]age "u ,congressional ,acc\ntability ,act ( #aiie ,= purposes ( ! ,congressional ,acc\ntability ,act ( #aiie 7#ah ,u4,s4,c4 #acja et seq47-- 7,a7 ! ,work+ ,gr\p %all be consid]$ an employ+ (fice2 & 7,b7 ! p]sonnel ( ! ,work+ ,gr\p %all be consid]$ cov]$ employees4 7b7 ,exp]ts & consultants ,! ,work+ ,gr\p is au?oriz$ to procure tempor>y & int]mitt5t s]vices "u section #caji ( title #e1 ,unit$ ,/ates ,code1 b at rates = individuals n to exce$ ! daily equival5t ( ! maximum annual rate ( basic pay "u level ,,iv ( ! ,executive ,s*$ule "u section #ecae ( title #e1 ,unit$ ,/ates ,code4 7c7 ,detailees ,! head ( any ,f$]al dep>tm5t or ag5cy may detail1 on a nonreimbursable basis1 any ( ! p]sonnel ( t dep>tm5t or ag5cy to ! ,work+ ,gr\p to assi/ ! ,work+ ,gr\p 9 c>ry+ out its purposes & functions4 #e4 ,security cle>ances = memb]s & /aff ,! appropriate ,f$]al dep>tm5ts or ag5cies %all coop]ate ) ! ,work+ ,gr\p 9 exp$iti\sly provid+ to ! ,work+ ,gr\p memb]s & /aff appropriate security cle>ances to ! ext5t possible pursuant to exi/+ proc$ures & requirem5ts1 except t no p]son may be provid$ ) access to classifi$ in=mation "u ?is ,act )\t ! appropriate security cle>ances4 #f4 ,duties 7a7 ,inve/igation ,! ,work+ ,gr\p %all inve/igate ! rec5t causes ( elevat$ inflation1 z well z ! relation%ips betwe5 inflation & ! foll[+3 7#a7 ,gross dome/ic product gr[?4 7#b7 ,! labor m>ket1 work=ce developm5t1 & hir+4 7#c7 ,pov]ty4 7#d7 ,crime4 7#e7 ,o!r factors ( major societal conc]n4 7b7 ,report 7#a7 ,report ,n lat] ?an #c mon?s aft] ! date on :i* a majority ( ! memb]s ( ! ,work+ ,gr\p h be5 appo9t$1 ! ,work+ ,gr\p %all submit a report to ,congress & ! ,presid5t sett+ =? ! results ( ! inve/igation conduct$ "u subsection 7a71 z well z recomm5dations = ,congressional or o!r gov]nm5t action to mitigate ! ?reat ( su/a9$ inflation4 7#b7 ,public availability ,! report "u p>agraph 7#a7 %all be made publicly available & accessible4 #g4 ,t]m9ation ,! ,work+ ,gr\p %all t]m9ate #d mon?s aft] ! date on :i* x submits ! report "u section #f7;b74 #h4 ,records ,! records ( ! ,work+ ,gr\p %all be transf]r$ to ! ,c5t] = ,legislative ,ar*ives at ! ,national ,ar*ives & ,records ,adm9i/ration ^u t]m9ation ( ! ,work+ ,gr\p pursuant to section #g4 #i4 ,fund+ ,( ! am\nts us$ to c>ry out ?is ,act-- 7#a7 #ej p]c5t %all be d]iv$ f ! exi/+ balance ( ! applicable acc\nts ( ! ,h\se ( ,repres5tatives z ( ! date ( ! enactm5t ( ?is ,act2 & 7#b7 #ej p]c5t %all be d]iv$ f ! exi/+ balance ( ! cont+5t fund ( ! ,s5ate z ( ! date ( ! enactm5t ( ?is ,act4