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Price Stability Act of 2026

H.R. 5396 · 119th Congress · Sep 16, 2025 · Lineage

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.

Section 1 Short title

This Act may be cited as the “Price Stability Act of 2026”.

Sec. 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”.