Eliminate the Fed’s dual mandate; confine it to price stability/stable money
Mandate argues Congress should limit the Fed’s mandate to stable money/price stability alone, eliminating the dual mandate’s full-employment goal and resisting ESG/equity add-ons.
Mandate
Mandate Ch. 24 (Federal Reserve) — Broad Recommendations: eliminate the ‘dual mandate’; focus the Federal Reserve on protecting the dollar and restraining inflation; minimum effective reforms include eliminating ‘full employment’ from the Fed’s mandate, requiring focus on price stability alone; no more flexible average inflation targeting.
Undo plan
1) Preserve statutory maximum-employment consideration alongside stable prices unless Congress openly rewrites the Federal Reserve Act after hearings.
2) Reject ESG/equity mandate creep without gutting the employment side of 12 U.S.C. § 225a blindly.
3) Require a public inflation target framework with accountability reporting.
4) Codify that climate/social goals are fiscal/congressional—not monetary—tools.
5) Verify: FOMC communications and statutory amendment text.