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S. 3550

BillFederalSenateIn Committee
A bill to amend the Federal Reserve Act to permit to the Board of Governors of the Federal Reserve System to engage in certain open market operations during unusual and exigent circumstances.
About This Bill
Committee
Latest Action · March 20, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
116th (2019–2021)
Introduced
March 20, 2020
Cosponsors (0)
None
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Summary

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Municipal Bonds Emergency Relief Act This bill allows the Federal Reserve Board in unusual and exigent circumstances to authorize Federal Reserve banks to buy and sell municipal bonds and other specified financial instruments.

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