Prohibition on IOER Act of 2024
Last action on Feb 12, 2026Referred to the House Committee on Agriculture.
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Summary
Prohibition on IOER Act of 2024
This bill prohibits a Federal Reserve bank from paying interest to a depository institution on reserve balances in excess of minimum requirements.
Lifecycle of the Bill
Introduced in House
Feb 12, 2026
Introduced in House
Feb 12, 2026
Referred to the House Committee on Agriculture.
Feb 12, 2026
