Eliminate Federal Reserve's Dual Mandate
Federal Reserve / Board of Governors
Remove the 'full employment' component from the Federal Reserve's mandate, requiring it to focus solely on price stability. This would involve amending the Federal Reserve Act to remove language about maximum employment goals.
"Eliminate 'full employment' from the Fed's mandate, requiring it to focus on price stability alone." – Project 2025History
Mon Jan 20 2025
Initial analysis
Disruptive Potential
HIGH
Could lead to higher unemployment during periods of inflation control, significantly impacting working Americans' job security and economic stability.
Status
Planned
References
Related Initiatives
5 initiatives
Department of Labor / Office of the Secretary
Restrict Bostock Application In Progress
HIGH
Federal Reserve / Financial Operations
Wind Down Federal Reserve Balance Sheet
HIGH
Federal Reserve / Board of Governors
Mandate Specific Inflation Targets
MODERATE
Federal Reserve / Financial Operations
End Interest Payments on Excess Reserves
MODERATE
Department of State / Bureau of Educational and Cultural Affairs
Reform J-1 Visa Usage at USAGM
LOW