The STEADY Act
Updated October 30, 2026
STEADY: Stable dollar, Truthful budgets, Equal sharing, Affordable prices, Debt under control, Your scoreboardThe Financial Trust Act · a citizens’ proposal
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Step 1 · The idea in one minute

Steady money. Steady prices. Same rules, left to right.

Americans disagree about a lot. Most of us agree on this: your paycheck shouldn’t shrink because of politics, Washington shouldn’t borrow without limit, and when costs come down, prices should too. The STEADY Act writes those rules into law, for whichever party is in charge.

It protects the value of your money.

The 2% inflation goal goes into law. When the Federal Reserve misses it, the Fed has to explain why, in public, and say what it’s doing about it. No President or Congress can quietly order cheap money to win an election.

It stops the debt from outgrowing the country.

Interest is now the fastest-growing bill Washington pays. The act phases the deficit, not counting interest, down to zero over nine years. If Congress overshoots, the fix is shared fairly, and Social Security checks are never touched.

It makes prices come back down.

When shipping, fuel or wholesale costs fall, the biggest companies in concentrated markets have to let your prices fall too. Pricing software that lets competitors quietly coordinate is banned. No price is capped, and small businesses aren’t covered.

Who it covers

The institutions that set the value of your money, the size of the debt and the prices you pay.

The Federal ReserveCongress & the President’s budgetsFed officials (trading rules)Big firms in concentrated marketsPricing-software vendorsFederal contractorsTax breaks of the top 1%, if a correction is needed

Why now? Because both sides have felt it.

You may remember different examples depending on where you sit. The fix is the same.

If you lean left, you may remember
  • Grocery chains’ revenues running 7% over their costs in 2023, above pre-pandemic levels, after the Federal Trade Commission found some firms used rising costs to raise prices further.
  • Landlords using shared software that, the Justice Department alleged, let them coordinate rents with competitors’ private data.
  • A President trying to fire a Fed governor; the Supreme Court blocked it 5–4 in June 2026.
If you lean right, you may remember
  • A $2 trillion deficit in 2026, with debt on track to pass its World War II record by 2030.
  • Inflation back up to 3.7% in September 2026, eating into savings and paychecks.
  • Top Fed officials trading stocks while setting policy; three left in 2021–22 before the Fed tightened its rules.

The lesson is the same on both sides: money and prices are too important to be left to whoever holds power this year. Rules that bind every administration are the only rules that protect every family.