House bill · 119th Congress · Latest step: Committee action
Price Stability Act of 2026
Official title: To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.
Open in Bill Explorer →Where it went
- IntroducedSep 16, 2025
- Committee actionMay 13, 2026
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Jun 24, 2026 — Placed on the Union Calendar, Calendar No. 616.
Cost and committee reports
Official records Congress.gov attaches to H.R. 5396.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-710 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on June 24, 2026.Source: Congress.gov, reported June 24, 2026 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/710
- Congress.gov bill record
- H.R. 5396, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/5396
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
9b36f55ff70643bce52113113e33971f571a43c3c1e0ad59a73f2dfdac8358d2
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. HILL of Arkansas, as printed in the Congressional Record (Vol. 171, No. 151, September 16, 2025, Page H4364):This legislation is based on the authority of the U.S. Congress to ``regulate Commerce . . . among the several States'', U.S. Const. art. I, Sec. 8, cl 3, ``. . . coin money [and] regulate the value thereof . . .'', U.S. Const. art. I, Sec. 8, cl. 5, and ``make all Laws . . . necessary and proper for carrying into Execution the foregoing Powers[.]'' U.S. Const. art. 1, Sec. 8, cl. 18.Source: Congress.gov, Congressional Record September 16, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 387 characters
- Congress.gov bill record
- H.R. 5396, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/5396
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
9b36f55ff70643bce52113113e33971f571a43c3c1e0ad59a73f2dfdac8358d2
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate (as of September 19, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 5396, last updated September 19, 2026. PORKER’s copy was retrieved September 24, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
2 cosponsors — 2 Republicans
0 of 2 cosponsors (0%) are from the other party.
More from the sponsor
Other 119th Congress bills sponsored by Rep. J. Hill.
- H.R. 6644 (119th) 21st Century ROAD to Housing Act
- H.R. 6955 (119th) Main Street Capital Access Act
- H.R. 3633 (119th) Digital Asset Market Clarity Act
- H.R. 3394 (119th) Fair Investment Opportunities for Professional Experts Act
- H.R. 1612 (119th) Flatside Wilderness Additions Act
- H.R. 3187 (119th) To require the Secretary of Agriculture to convey a parcel of property of the Forest Service to Perry County, Arkansas, and for other…
Related bills
- H.R. 6117 (118th) Price Stability Act of 2023Cross-Congress related bill
- H.R. 7209 (117th) Price Stability Act of 2022Cross-Congress related bill
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 24, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.