Prohibition on IOER Act of 2025 has not moved since its introduction on Jan 3, 2025, with no cosponsors
IntroducedJan 3, 2025
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 28 words.
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.
Context
- Committees
- House Financial Services Committee
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 0 of 126 bills enacted since 2013
- Text versions
- 1: introduced in house · 130 words
- Subjects
- Banking and financial institutions regulationFederal Reserve SystemFinancial services and investmentsInterest, dividends, interest rates
- Latest action
- Jan 3, 2025: Referred to the House Committee on Financial Services.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 0
The bill status record lists no related bills.
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]