{
  "id": "IB79047",
  "type": "CRS Report",
  "typeId": "REPORT",
  "number": "IB79047",
  "active": false,
  "source": "University of North Texas Libraries Government Documents Department",
  "versions": [
    {
      "source": "University of North Texas Libraries Government Documents Department",
      "sourceLink": "https://digital.library.unt.edu/ark:/67531/metacrs8495/",
      "id": "IB79047_1981Jan12",
      "date": "1981-01-12",
      "retrieved": "2006-04-19T08:32:15",
      "title": "Federal Reserve Membership and Monetary Control",
      "summary": "This report discusses the current state of monetary policy. Questions about the continued capability of the Federal Reserve System (FRS) to exercise effective monetary control were raised in connection with\r\nseveral developments over recent years that diminished, in relative terms,\r\nthe deposit component of the stock of money over which the FRS maintained\r\nreserve requirement controls. The Monetary Control Act, Title 1 of P.L.\r\n96-221 was designed to ensure that the FRS as ability to conduct monetary\r\npolicy is not diminished. This Act, signed into law on Mar. 31, 1980, is one\r\nof the few major amendments to the original Federal Reserve Act of 1913.",
      "type": "CRS Report",
      "typeId": "REPORT",
      "active": false,
      "formats": [
        {
          "format": "PDF",
          "filename": "files/19810112_IB79047_39099519f0914b9ba2195b9c849397112a196b77.pdf"
        },
        {
          "format": "HTML",
          "filename": "files/19810112_IB79047_39099519f0914b9ba2195b9c849397112a196b77.html"
        }
      ],
      "topics": [
        {
          "source": "LIV",
          "id": "Economic policy",
          "name": "Economic policy"
        },
        {
          "source": "LIV",
          "id": "Monetary policy - U.S.",
          "name": "Monetary policy - U.S."
        },
        {
          "source": "LIV",
          "id": "Federal reserve system",
          "name": "Federal reserve system"
        },
        {
          "source": "LIV",
          "id": "Finance",
          "name": "Finance"
        }
      ]
    }
  ],
  "topics": []
}