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flag Republicans introduce bill to make inflation the Fed’s sole focus, ending its dual mandate.

flag House Republicans, led by Chairman French Hill, have introduced the Price Stability Act of 2025 to shift the Federal Reserve’s focus from its current dual mandate of inflation control and maximum employment to prioritizing inflation alone. flag The bill follows a review of the Fed’s monetary policy framework and comes amid concerns over persistent inflation, with some Republicans arguing that a narrower mandate would better stabilize prices. flag While the bill has been introduced before, its prospects may be stronger this time, though its support in the Senate remains uncertain.

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