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Humphrey-Hawkins Act

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FULL EMPLOYMENT AND BALANCED GROWTH ACT OF 1978 (HUMPHREY-HAWKINS ACT) - Federal legislation that, amon...
FULL FAITH AND CREDIT - The pledge of "the full faith and credit and taxing power without limitation as...

 


Humphrey-Hawkins Act
Informal name for the Full Employment and Balanced Growth Act of 1978, from the names of the act's original sponsors.

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Humphrey-Hawkins Act
Informal name for the Full Employment and Balanced Growth Act of 1978, from the names of the act's original sponsors.
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The Federal Reserve Board chairman appears before Congressional committees twice a year, in February and July, to report on Federal Reserve monetary policy objectives, as required by the 1978 Humphrey-Hawkins Act.

See also: Full employment, Banks, Hedge ratio, Convertible security, Holding company

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