Rand Paul (R-KY)

S.Amdt. 3092

S.Amdt. 3092 · Senate amendment

A Republican amendment with no cosponsors

Changes S. 2296 — National Defense Authorization Act for Fiscal Year 2026

Offered

Offered, and not voted on yet. Most amendments never get a vote: the Senate takes up the bill and moves on without them.

Its path through Congress

  1. Introduced
  2. Pending Consideration

What this amendment would do

SA 3092, submitted by Mr. Paul, is an amendment to bill S. 2296.

The purpose of this amendment is to change Section 19(b) of the Federal Reserve Act (12 U.S.C. 461(b)). It aims to add a prohibition that prevents any Federal Reserve bank from paying earnings on balances kept at a Federal Reserve bank by or for a depository institution.