Monetary Policy Oversight - House of Representatives Hearings

Description:
Under the Full Employment and Balanced Growth Act of 1978 (also referred to as the Humphrey-Hawkins Act), the Federal Reserve must submit a report on the economy to Congress by February 20 and July 20 of each year. Following submission of the report, the chairman of the Federal Reserve Board is typically called to testify before the House committee, or subcommittee, charged with monetary policy oversight.

Availability:
1979 to 2011

Authors:

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Citation:
United States. Congress. House. Committee on Banking and Currency, United States. Congress. House. Committee on Banking, Finance, and Urban Affairs and United States. Congress. House. Committee on Financial Services, ([year]), Monetary Policy Oversight - House of Representatives Hearings, [issue title/date], accessed Jun 19, 2013 from FRASER, http://fraser.stlouisfed.org/publication/?pid=672

1979

  • February 21, 1979 - Conduct of Monetary Policy (10.2M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 96th Congress, first session, held on February 21 and 23, 1979, pursuant to the Full Employment and Balanced Growth Act of 1978, P.I., 95-523
  • July 17, 1979 - Conduct of Monetary Policy (5.1M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 96th Congress, first session, held on July 17, 1979, prusant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523

1980

  • July 23, 1980 - Conduct of Monetary Policy (11.4M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 96th Congress, second session, held on July 23, 1980, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523. (Read Chairman Volker's prepared statement (pdf 649K) for this hearing. Note, this links to the prepared statement for the Senate Committee on Banking, Housing, and Urban Affairs, as it was the same text.)

1981

  • February 26, 1981 - Conduct of Monetary Policy (7.8M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 97th Congress, first session, held on February 26, 1981, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523. (Read Chairman Volker's prepared statement (pdf 598K) for this hearing. Note, this links to the prepared statement for the Senate Committee on Banking, Housing, and Urban Affairs, as it was the same text.)
  • July 14, 1981 - Conduct of Monetary Policy (23.2M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 97th Congress, first session, held on July 14, 21, 22, and 23, 1981, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523

1982

  • February 10, 1982 - Conduct of Monetary Policy (11.6M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 97th Congress, second session, held on February 10 and March 30, 1982, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523
  • July 21, 1982 - Conduct of Monetary Policy (5.4M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 97th Congress, second session, held on July 21, 1982, pursuant to the Full Employment and Balanced Growth Act of 1978, P.I., 95-523

1983

  • April 12, 1983 - Conduct of Monetary Policy (3.7M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 98th Congress, first session, held on April 12, 1983, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523
  • July 19, 1983 - Conduct of Monetary Policy (15.5M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 98th Congress, first session, held on July 19, 1983, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523

1984

  • February 7, 1984 - Conduct of Monetary Policy (3.8M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 98th Congress, second session, held on February 7, 1984, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523

1985

  • February 26, 1985 - Conduct of Monetary Policy (9.5M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 99th Congress, first session, held on February 26 and March 5, 1985, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523
  • July 17, 1985 - Conduct of Monetary Policy (7.6M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs / Subcommittee on Domestic Monetary Policy, House of Representatives, 99th Congress, first session, held on July 17 and 18, 1985, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523

1986

  • February 19, 1986 - Conduct of Monetary Policy (6.6M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 99th Congress, second session, held on February 19, 1986, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523
  • July 29, 1986 - Conduct of Monetary Policy (5.5M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 99th Congress, second session, held on July 29, 1986, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523

1987

  • February 25, 1987 - Conduct of Monetary Policy (9.0M)
    Hearing before the Committee on Banking, Finance, and Urban Affairs / Subcommittee on Domestic Monetary Policy, House of Representatives, 100th Congress, first session, held on February 25 and 26, 1987, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523
  • July 21, 1987 - Conduct of Monetary Policy (4.2M)
    Hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 100th Congress, first session, on July 21, 1987, as a report of the Federal Reserve Board pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523

1988

  • July 28, 1988 - Conduct of Monetary Policy (8.5M)
    Hearing befoer the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 100th Congress, second session, on July 28 and September 8, 1988, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523

1989

  • February 21, 1989 - Conduct of Monetary Policy (13.5M)
    Hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 101st Congress, first session, on February 21, 22, and March 1, 1989, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L.,95-523
  • July 20, 1989 - Conduct of Monetary Policy (9.3M)
    Hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 101st Congress, first session, on July 20 and August 2, 1989, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L.,95-523

1990

  • February 20, 1990 - Conduct of Monetary Policy (3.2M)
    Hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 101st Congress, second session, on February 20, 1990, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523
  • July 24, 1990 - Conduct of Monetary Policy (3.2M)
    Hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 101st Congress, second session, on July 24, 1990, pursuant to the Full Employment and Balanced Growth Act of 1978

1991

  • February 5, 1991 - Conduct of Monetary Policy (13.6M)
    Hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 102nd Congress, second session, on February 5, 7, and 21, 1991, pursuant to the Full Employment and Balanced Growth Act of 1978
  • July 16, 1991 - Conduct of Monetary Policy (3.4M)
    Hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 102nd Congress, second session, on July 16, 1991, pursuant to the Full Employment and Balanced Growth Act of 1978

1992

  • February 18, 1992 - Conduct of Monetary Policy (7.2M)
    Hearing before the Subcommittee on Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 102nd Congress, second session, on February 18, 19, and March 10, 1992, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523
  • July 22, 1992 - Conduct of Monetary Policy (2.1M)
    Hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 102nd Congress, second session, on July 22, 1992, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523

1993

  • February 23, 1993 - Conduct of Monetary Policy (5.9M)
    Hearing before the Subcommittee on Economic Growth and Credit Formation of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 103rd Congress, first session, on February 23, 1993, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523
  • July 20, 1993 - Conduct of Monetary Policy (5.1M)
    Hearing before the Subcommittee on Economic Growth and Credit Formation of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 103rd Congress, first session, on July 20, 1993, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523

1994

  • February 22, 1994 - Conduct of Monetary Policy (7.3M)
    Hearing before the Subcommittee on Economic Growth and Credit Formation of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 103rd Congress, second session, on February 22, 1994, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523 and the state of the economy
  • July 22, 1994 - Conduct of Monetary Policy (3.3M)
    Hearing before the Subcommittee on Economic Growth and Credit Formation of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 103rd Congress, second session, on July 22, 1994, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523, and the state of the economy

1995

  • February 23, 1995 - Conduct of Monetary Policy (5.4M)
    Hearing before the Subcommittee on Domestic and International Monetary Policy of the Committee on Banking and Financial Services, House of Representatives, 104th Congress, first session, on February 23, 1995, pursuant to the Full Employment and Balanced Growth Act of 1978 and the state of the economy
  • July 19, 1995 - Conduct of Monetary Policy (4.8M)
    Hearing before the Subcommittee on Domestic and International Monetary Policy of the Committee on Banking and Financial Services, House of Representatives, 104th Congress, first session, on July 19, 1995, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523, and the state of the economy

1996

  • February 20, 1996 - Conduct of Monetary Policy (4.7M)
    Hearing before the Subcommittee on Domestic and International Monetary Policy of the Committee on Banking and Financial Services, House of Represenetatives, 104th Congress, second session, on February 20, 1996, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523, and the state of the economy
  • July 23, 1996 - Conduct of Monetary Policy (5.3M)
    Hearing before the Subcommittee on Domestic and International Monetary Policy of the Committee on Banking and Financial Services, House of Representatives, 104th Congress, second session, on July 23, 1996, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523 and the state of the economy

1997

  • March 5, 1997 - Conduct of Monetary Policy (5.5M)
    Hearing before the Subcommittee on Domestic and International Monetary Policy of the Committee on Banking and Financial Services, House of Representatives, 105th Congress, first session, on March 5, 1997, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L., 95-523, and the state of the economy
  • July 22, 1997 - Conduct of Monetary Policy (8.7M)
    Hearing before the Subcommittee on Domestic and International Affairs of the Committee on Banking and Financial Services, House of Representatives, 105th Congress, first session, on July 22, 1997, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523, and the state of the Economy

1998

  • February 24, 1998 - Conduct of Monetary Policy (3.5M)
    Hearing before the Subcommittee on Domestic and International Monetary Policy of the Committee on Banking and Financial Services, House of Representatives, 105th Congress, second session, on February 24, 1998, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523, and the state of the economy
  • July 22, 1998 - Conduct of Monetary Policy (4.2M)
    Hearing before the Subcommittee on Domestic and International Monetary Policy of the Committee on Banking and Financial Services, House of Representatives, 105th Congress, second session, on July 22, 1998, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523, and the state of the economy

1999

  • February 24, 1999 - Conduct of Monetary Policy (4.5M)
    Hearing before the Committee on Banking and Financial Services, House of Representatives, 106th Congress, first session, on February 24, 1999, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523, and the state of the economy
  • July 22, 1999 - Conduct of Monetary Policy (3.9M)
    Hearing before the Committee on Banking and Financial Services, House of Representatives, 106th Congress, first session, on July 22, 1999, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523, and the state of the economy

2000

  • February 17, 2000 - Conduct of Monetary Policy (6.5M)
    Hearing before the Committee on Banking and Financial Services, House of Representatives, 106th Congress, first session, on February 17, 2000, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523, and the state of the economy
  • July 25, 2000 - Conduct of Monetary Policy (6.8M)
    Hearing before the Committee on Banking and Financial Services, House of Representatives, 106th Congress, second session, on July 25, 2000, pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523, and the state of the economy

2001

  • February 28, 2001 - Conduct of Monetary Policy (2.5M)
    Hearing before the Committee on Financial Services, House of Representatives, 107th Congress, on February 28, 2001, pursuant to section 2B of the Federal Reserve Act and the state of the economy. New committee and statute for this hearing was a result of passage of the Financial Modernization Act of 1999.
  • July 18, 2001 - Conduct of Monetary Policy (3.1M)
    Hearing before the Committee on Financial Services, House of Representatives, 107th Congress, first session, on July 18, 2001 pursuent to section 2B of the Federal Reserve Act and the state of the economy.

2002

2003

2004

2005

2006

2007

  • February 16, 2007 - Monetary Policy and the State of the Economy, Part 2 (5.2M)
    Hearing before the Committee on Banking and Financial Services, U.S. House of Representatives, 110th Congress, first session, on February 16, 2007. On this, second day of the hearing, testimony was heard from Jared Bernstein, Sr. Economist at the Economic Policy Institute, Ron Blackwell, Chief Economist of the AFL-CIO, Rebecca Blank, of the University of Michigan, and James Grant, editor of GRANT'S Interest Rate Observer.
  • July 17, 2007 - Monetary Policy and the State of the Economy, Part 1 (3.6M)
    Hearing before the Committee on Banking and Financial Services, U.S. House of Representatives, 110th Congress, first session, on July 17, 2007. Testimony on this opening day of the hearing was heard from Dr. Benjamin Friedman, Harvard University, Dr. James K. Galbraith, of the University of Texas, and Dr. Allan H. Meltzer, of Carnegie Mellon University.

2008

  • February 26, 2008 - Monetary Policy and the State of the Economy, Part 1 (5.4M)
    Hearing before the Committee on Banking and Financial Services, U.S. House of Representatives, 110th Congress, second session, on February 26, 2008. Testimony on this opening day of the hearing was heard from Dr. Carmen Reinhart, University of Maryland; Dr. Alice Rivlin, Brookings Institute; Dr. Nouriel Roubini, New York Univerisy; Dr. John B. Taylor, Stanford University; and Dr. Mark Zandi, Moody's Economy.com.

2009

  • February 26, 2009 - Monetary Policy and the State of the Economy, Part 2 (4.8M)
    Hearing before the Committee on Banking and Financial Services, U.S. House of Representatives, 111th Congress, first session, on February 26, 2009. Testimony on the second day of the hearing was heard from Dr. Alan S. Blinder, of Princeton; Dr. James K. Galbraith, of the University of Texas; Dr. John B. Taylor, of the Hoover Institution at the Stanford University.

2010

2011