Monetary Freedom and Accountability Act
Last action on Mar 4, 2002Referred to the Subcommittee on International Monetary Po...
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Summary
Monetary Freedom and Accountability Act - Amends Federal law governing monetary transactions to prohibit the Secretary of the Treasury from using the Exchange Stabilization Fund to buy, sell, or otherwise interfere in the market for gold in order to affect its free market price without congressional approval to engage in such transaction in the form of the adoption of a joint resolution or other Act of Congress.
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