Monetary Policy Improvement Act of 1979 : hearings before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-sixth Congress, first session on S. 85, to amend the Federal Reserve Act to provide for maintenance of reserves in order to facilitate the implementation of monetary policy, to promote competitive equality among depository institutions, to require the imposition of service charges for services by Federal Reserve banks, and for other purposes : S. 353, to facilitate the development and implementation of monetary policy ; to reduce and restructure reserve requirements ; and to provide for the maintenance of reserves by member banks and other depository institutions in earnings participation accounts at the Federal Reserve banks, February 26, March 26, 27, 28, and May 14, 1979.