PlainBillCongress, translated.Legislation. Context. Public interest.Placed on the Union Calendar, Calendar No. 252.
Congressional Research Service
Version 79 · Reported to House without amendment · Nov 16, 2015
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Centennial Monetary Commission Act of 2015
(Sec. 3) This bill establishes the Centennial Monetary Commission to: (1) examine how U.S. monetary policy since the creation of the Federal Reserve Board in 1913 has affected the performance of the U.S. economy in terms of output, employment, prices, and financial stability over time; (2) evaluate various operational regimes under which the Board and the Federal Open Market Committee may conduct monetary policy in terms achieving the maximum sustainable level of output and employment and price stability over the long term; (3) evaluate the use of macro-prudential supervision and regulation and of the lender-of-last-resort function of the Board as tools of monetary policy in terms of achieving the maximum sustainable level of output and employment and price stability over the long term; and (4) recommend a course for U.S. monetary policy going forward.
Showing the opening paragraphs of the official summary.
The Commission shall submit to Congress and make publicly available, by December 1, 2016, a report containing a statement of its findings and conclusions.
(Sec. 8) The Commission shall terminate on June 1, 2017.
People & committees
Rep. Brady, Kevin [R-TX-8] · R–TX
Legislative record
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Placed on the Union Calendar, Calendar No. 252.
Reported by the Committee on Financial Services. H. Rept. 114-331.
Reported by the Committee on Financial Services. H. Rept. 114-331.
Ordered to be Reported by the Yeas and Nays: 35 - 22.
Committee Consideration and Mark-up Session Held.
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Jan 10, 2026. Consult Congress.gov for the current record.
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