On September 17, 2025, House Committee on Financial Services Chairman French Hill, Rep. Byron Donalds, and Rep. Marlin Stutzman reintroduced the Price Stability Act. The goal of this legislation is to eliminate the Federal Reserve’s dual mandate and make sure the central bank solely focuses on controlling inflation.

Chairman Hill said the following in a statement:

“For too long, the Federal Reserve has been stretched between competing objectives. It's time to return to a clear, singular focus: protecting the wallets of American families by keeping inflation in check. This legislation brings the Fed back to its core responsibility—price stability—and away from an overly broad agenda that weakens its effectiveness.”

Read the Financial Services’ press release here.

Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

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