HR 146 · in committee · significant
Prohibition on IOER Act of 2025
- economy
What this bill does
- This bill prohibits the Federal Reserve from paying interest on excess reserve balances held by banks.
- Banks and depository institutions that hold reserves beyond minimum requirements are affected.
- The bill takes effect immediately upon passage with no new federal spending required.
Generated by claude-haiku-4-5
Community Threads
Started by Cosponsor
- 01
How would eliminating interest payments on excess reserves change banks' lending behavior and credit availability in local communities?
- 02
What evidence supports the claim that removing IOER would increase economic growth, and what are economists' concerns about unintended consequences?
- 03
Which financial institutions would be most affected by losing IOER income, and how might they adjust their operations?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · R-OH-8
Warren Davidson
Citizen cosponsors
0
In Congress
0/ 435
House Reps cosponsoring
Introduced 2025-01-03
Legislative timeline
2025-01-03 · house · IntroReferral
Referred to the House Committee on Financial Services.
2025-01-03 · IntroReferral
Introduced in House
2025-01-03 · IntroReferral
Introduced in House
Citizen comments
Sign in to comment on this bill.
No comments yet — be the first.