Federal Reserve Monetary Policy Hearing (July 2015)
January 1, 2016
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The Frame
The hearing provides insight into the Federal Reserve's economic outlook and regulatory role, which directly influences national interest rates, inflation, and the oversight of the U.S. financial system.
Potentially affected actors named in the source documents. Mention is not a position.
Federal Reserve
The agency is required to provide semiannual testimony and reports to Congress regarding its monetary policy.
U.S. Financial Institutions
These entities are subject to the regulatory oversight and monetary policies discussed by the committee.
Last recorded activity January 1, 2016.
Next step not available in the current record.
Summary
Key Facts
- The hearing was held on July 15, 2015, by the House Committee on Financial Services.
- Janet Yellen, Chair of the Federal Reserve, provided semiannual testimony on monetary policy.
- The committee discussed the 5th anniversary of the Dodd-Frank Act.
- The hearing included the submission of the Federal Reserve's Monetary Policy Report to Congress.
- Multiple members of Congress submitted written questions for the record to Chair Yellen.
- The committee reviewed charts regarding GDP growth and post-Wall Street reform progress.
Frequently Asked Questions
What is the purpose of this hearing?
Who testified at this hearing?
Why It Matters
The hearing provides insight into the Federal Reserve's economic outlook and regulatory role, which directly influences national interest rates, inflation, and the oversight of the U.S. financial system.
News Coverage
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Dodd-Frank Oversight
The hearing highlights a specific focus on the 5th anniversary of the Dodd-Frank Act and its expansion of Federal Reserve powers.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance80How much this matters to a regular citizen
- Controversy40Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz20Current news / social attention level
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