Coretta Scott King Full Employment Federal Reserve Act of 2024
Latest Action
Referred to the House Committee on Financial Services.
Official Summary
Official summary has not been imported yet.
GovScope Watchdog™
AI Government Intelligence™The Coretta Scott King Full Employment Federal Reserve Act of 2024 is a bill introduced in the 118th Congress aimed at addressing employment issues through actions involving the Federal Reserve. The bill was referred to the House Committee on Financial Services but did not advance further and ultimately failed or expired. No official summary or full text is available, limiting detailed analysis of its specific provisions or mechanisms.
This bill sought to influence Federal Reserve policies to promote full employment but did not progress beyond committee referral and expired without enactment.
- The bill is titled the Coretta Scott King Full Employment Federal Reserve Act of 2024, indicating a focus on employment policy via the Federal Reserve.
- It was introduced in the House of Representatives during the 118th Congress and referred to the House Committee on Financial Services on December 19, 2024.
- The bill ultimately failed or expired without further legislative action, and no official summary or full text is publicly available.
['Workers and job seekers potentially impacted by Federal Reserve employment policies', 'Federal Reserve as the central banking authority potentially tasked with new or adjusted mandates', 'Financial sector stakeholders affected by Federal Reserve policy changes']
['Lack of publicly available full text and official summary limits transparency and understanding of specific policy changes or mandates', 'Unclear implementation mechanisms and oversight provisions due to missing bill text', 'Potential fiscal or economic impacts on Federal Reserve operations and financial markets are unknown']
The bill was introduced in the House during the 118th Congress and referred to the House Committee on Financial Services. It did not advance beyond committee referral and expired, indicating limited legislative momentum or prioritization. The policy area is finance and the financial sector, focusing on Federal Reserve roles related to employment.
Hidden impact flags detected: 2
GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
['Potential influence on Federal Reserve policy priorities related to employment if enacted', 'Possible impacts on financial markets and economic conditions through Federal Reserve actions', 'Changes in labor market dynamics depending on Federal Reserve policy adjustments']
The absence of an official summary and full bill text significantly limits transparency and public understanding of the bill's objectives and mechanisms. This lack of information complicates oversight and accountability efforts. The bill's failure to advance beyond committee referral further restricts available data on legislative intent or stakeholder input.
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