What does Preamble of Price Stability Act of 2026 do?

This bill proposes to amend the Federal Reserve Act. The proposed amendment would remove the mandate requiring the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.

What does SHORT TITLE. of Price Stability Act of 2026 do?

This bill is formally titled the Price Stability Act of 2026.

What does REMOVAL OF DUAL MANDATE. of Price Stability Act of 2026 do?

This bill amends the Federal Reserve Act. Specifically, it removes the mandate for the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment. The amendment strikes “maximum employment, stable prices” and inserts “stable prices” in Section 2A of the Federal Reserve Act.

Back to bills

Price Stability Act of 2026

Last updated: 6/24/2026 · Introduced: 9/16/2025

Author: J. Hill (R-AR)

TL;DR (AI)

This bill amends the Federal Reserve Act to eliminate the requirement that the Federal Reserve focus on maximum employment.
The bill replaces the dual mandate of 'maximum employment' and 'stable prices' with a sole focus on 'stable prices'.
This legislative action modifies Section 2A of the Federal Reserve Act to reflect this change in monetary policy focus.

119th Congressin committeeOfficial page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account