The gist

The Fed Forward Act turns the Federal Reserve's current communication habits into permanent law, forcing future Fed leaders to keep meeting, reporting, and answering questions in public.

Who wins, who loses

• Wins: investors, businesses, and journalists who rely on predictable Fed signals to make decisions.
• Loses: Fed officials who prefer flexibility; future leaders wanting to reduce public disclosure.

What it does

• Requires the Federal Open Market Committee (FOMC) to meet every 8 weeks instead of 'at least four times yearly.
• Mandates same-day policy statements and press conferences after every FOMC meeting.
• Requires meeting minutes released within 21 days.
• Adds Financial Stability Reports every 180 days and a full policy framework review every 5 years.

Why should I care?

The Fed sets interest rates, shaping car loans, student loans, and the job market teens will enter. Supporters say locking in transparency anchors inflation expectations and builds public trust. Critics argue Congress shouldn't micromanage the Fed's communication schedule, since flexibility helps during crises. Where do you land? Vote below and use "Tell Your Rep" to make sure your voice reaches Congress.