{"identifier":"/us/usc/t12/s247a","title":12,"num":"\u00a7\u202f247a.","heading":"Records of action on policy relating to open-market operation and policies determined generally; inclusion in report to Congress","text":"\u00a7\u202f247a.\nRecords of action on policy relating to open-market operation and policies determined generally; inclusion in report to Congress\nThe Board of Governors of the Federal Reserve System shall keep a complete record of the action taken by the Board and by the Federal Open Market Committee upon all questions of policy relating to open-market operations and shall record therein the votes taken in connection with the determination of open-market policies and the reasons underlying the action of the Board and the Committee in each instance. The Board shall keep a similar record with respect to all questions of policy determined by the Board, and shall include in its annual report to the Congress a full account of the action so taken during the preceding year with respect to open-market policies and operations and with respect to the policies determined by it and shall include in such report a copy of the records required to be kept under the provisions of this section.","url":"https://projectusc.org/usc/t12/s247a.html","content":[{"t":"sec","id":"/us/usc/t12/s247a","children":[{"t":"num","text":"\u00a7\u202f247a."},{"t":"heading","text":"Records of action on policy relating to open-market operation and policies determined generally; inclusion in report to Congress"},{"t":"content","text":"\n","children":[{"t":"p","text":"The Board of Governors of the Federal Reserve System shall keep a complete record of the action taken by the Board and by the Federal Open Market Committee upon all questions of policy relating to open-market operations and shall record therein the votes taken in connection with the determination of open-market policies and the reasons underlying the action of the Board and the Committee in each instance. The Board shall keep a similar record with respect to all questions of policy determined by the Board, and shall include in its annual report to the Congress a full account of the action so taken during the preceding year with respect to open-market policies and operations and with respect to the policies determined by it and shall include in such report a copy of the records required to be kept under the provisions of this section.","tail":"\n"}]},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}