The bill would repeal the Humphrey-Hawkins Full Employment Act of 1978, which, among other things, required the Fed to consider how its actions affect short-term economic growth.
FORBES: Oil
2.
This shift was codified by the Employment Act of 1946 and, later, the Humphrey-Hawkins Full Employment and Balanced Growth Act of 1978.
FORBES: 'Governments Don't Create Jobs; Only the Private Sector Creates Jobs.' Really?