I
106TH CONGRESS
2D SESSION
H. R. 4672
To authorize the President to award a gold medal on behalf of the Congress
to Milton Friedman in recognition of his outstanding and enduring con-
tributions to individual freedom and opportunity in American society.
IN THE HOUSE OF REPRESENTATIVES
JUNE 15, 2000
Mr. BAKER (for himself, Mr. ARMEY, Mr. BARR of Georgia, Mr. BEREUTER,
Mr. BILBRAY, Mr. BRADY of Texas, Mr. BLUNT, Mr. CANNON, Mrs.
CHENOWETH-HAGE, 
Mr. 
COOKSEY, 
Mr. 
COOK, 
Mr. 
COX, 
Mr.
CUNNINGHAM, Mr. DAVIS of Virginia, Mr. DELAY, Mr. DEMINT, Mr.
DOOLITTLE, Mr. DREIER, Mr. EHRLICH, Mr. ENGLISH, Mr. GEKAS, Mr.
GIBBONS, Mr. GREEN of Wisconsin, Mr. HAYWORTH, Mr. HORN, Mr.
HOYER, Mr. JOHN, Mrs. KELLY, Mr. KING, Mr. KNOLLENBERG, Mr.
LAHOOD, Mr. LUCAS of Oklahoma, Mr. MCCRERY, Mr. MCINTOSH, Mr.
METCALF, Mrs. MORELLA, Mr. OXLEY, Mr. PETRI, Mr. ROHRABACHER,
Mr. ROGAN, Mr. RYAN of Wisconsin, Mr. SESSIONS, Mr. SHIMKUS, Mr.
STUMP, Mr. TAUZIN, Mr. TERRY, Mr. TOOMEY, Mr. VITTER, and Mr.
WELDON of Florida) introduced the following bill; which was referred to
the Committee on Banking and Financial Services
A BILL
To authorize the President to award a gold medal on behalf
of the Congress to Milton Friedman in recognition of
his outstanding and enduring contributions to individual
freedom and opportunity in American society.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Milton Friedman Con-
gressional Gold Medal Act’’.
SEC. 2. FINDINGS.
The Congress finds the following:
(1) Milton Friedman, born July 31, 1912 in
New York, New York, is acclaimed as one of the
great original thinkers of this century.
(2) Milton Friedman is a living American suc-
cess story in rising from poverty in an immigrant
family to realize the American dream.
(3) Milton Friedman is the world’s most re-
nowned economist.
(4) Milton Friedman was awarded the 1976
Sveriges Riksbank (Bank of Sweden) Prize in Eco-
nomic Sciences in Memory of Alfred Nobel.
(5) Milton Friedman is a Paul Snowden Russell
Distinguished Service Professor Emeritus of Eco-
nomics at the University of Chicago, where he
taught from 1946 to 1976 and where he is widely
regarded as the leader of the Chicago school of mon-
etary economics.
(6) Milton Friedman has been a senior research
fellow at the Hoover Institution of Stanford Univer-
sity since 1977 and a member of the research staff
of the National Bureau of Economic Research from
1937 to 1981.
(7) Milton Friedman has selflessly served his
country on several occasions, serving as an informal
economic advisor to Presidents Richard Nixon and
Ronald Reagan.
(8) Milton Friedman has been awarded hon-
orary degrees by universities in the United States,
Japan, Israel, and Guatemala, as well as the Grand
Cordon of the First Class Order of the Sacred
Treasure by the Japanese Government in 1986.
(9) Milton Friedman is known throughout the
world as a champion of freedom, opportunity, free
markets, and capitalism.
SEC. 3. CONGRESSIONAL GOLD MEDAL.
(a) PRESENTATION AUTHORIZED.—The President is
authorized to present, on behalf of the Congress, a gold
medal of appropriate design to Milton Friedman in rec-
ognition of his outstanding and enduring contributions to
individual freedom and opportunity in American society
through his exhaustive research and teaching of economics
and his extensive writings on economics and public policy.
(b) DESIGN AND STRIKING.—For the purpose of the
presentation referred to in subsection (a), the Secretary
of the Treasury (hereinafter in this Act referred to as the