Code · BILL · 114th Congress · S. 1484 (Placed on Calendar Senate) — To improve accountability and transparency in the United States financial regulatory system, protect access to credit... · Sec. 504

Sec. 504. Interest rates on balances maintained at a Federal Reserve bank by depository institutions

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Section 19(b)(12)(A) of the Federal Reserve Act ( 12 U.S.C. 461(b)(12)(A) ) is amended by inserting established by the Federal Open Market Committee after rate or rates .

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U.S. Code

Reserve requirements
§ 461

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Sec. 504

Interest rates on balances maintained at a Federal Reserve bank by depository institutions

U.S.C.§ 461

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