Prohibition on IOER Act of 2025
- Bill Number
- H.R. 146
- Origin Chamber
- House
- Congress
- 119th Congress, Session 1
- Policy Area
- Finance and Financial Sector
- Status
- Introduced
- Latest Action
- 2025-01-03: Referred to the House Committee on Financial Services.
- Last Updated
- 2025-09-05T14:43:15Z
Official Summary
Prohibition on IOER Act of 2025
This bill prohibits a Federal Reserve bank from paying interest to a depository institution on reserve balances in excess of minimum requirements.
Sponsor
Rep. Davidson, Warren [R-OH-8]
Recent Actions
- 2025-01-03: Referred to the House Committee on Financial Services.
- 2025-01-03: Introduced in House
- 2025-01-03: Introduced in House
Bill Versions
- Prohibition on IOER Act of 2025 — issued 2025-01-03 — PDF (2 pages)