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SB869Introduced in the Senate

Federal Reserve Board Abolition Act

IntroducedSenate Banking, Housing, And Urban Affairs

Introduced by Mike Lee, District UT

What does this bill do?

Plain-English breakdown

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Official description

A bill to abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.

Where it stands

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

March 5, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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