15 U.S.C. § 3131 : US Code - Section 3131: Congressional statement of purpose

Search 15 U.S.C. § 3131 : US Code - Section 3131: Congressional statement of purpose

(a) Establishment of procedures for review and action
The purposes of this subchapter are to establish procedures for
congressional review and action with respect to the Economic Report
of the President (hereafter in this subchapter referred to as the
"Economic Report"), the report of the Board of Governors of the
Federal Reserve System, and the other policies and provisions of
this chapter and the Employment Act of 1946 [15 U.S.C. 1021 et
seq.].
(b) Legislative action
The Congress shall initiate or develop such legislation as it
deems necessary to implement proposals and objectives pursuant to
this chapter and the Employment Act of 1946 [15 U.S.C. 1021 et
seq.] after such modification in such proposals as it deems
desirable. Nothing in this subchapter shall be construed to prevent
the Congress or any of its committees from considering or
initiating at any time legislative action in furtherance of the
goals and purposes of this chapter.