H.R. 5396 — Reported in House

IB Union Calendar No. 616 119th CONGRESS 2d Session H. R. 5396 [Report No. 119–710] IN THE HOUSE OF REPRESENTATIVES September 16, 2025Mr. 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, 2026Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printedStrike out all after the enacting clause and insert the part printed in italicFor 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. 1. Short title This Act may be cited as the Price Stability Act of 2026. 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. June 24, 2026Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed