US HB24 | 2021-2022 | 117th Congress

Status

Spectrum: Partisan Bill (Republican 61-0)
Status: Introduced on January 4 2021 - 25% progression
Action: 2021-01-04 - Referred to the House Committee on Oversight and Reform.
Pending: House Oversight and Reform Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Establishes requirements regarding audits of certain financial agencies performed by the Government Accountability Office (GAO). Specifically, the bill directs the GAO to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks. In addition, the bill allows the GAO to audit the Federal Reserve Board and Federal Reserve banks with respect to (1) international financial transactions; (2) deliberations, decisions, or actions on monetary policy matters; (3) transactions made under the direction of the Federal Open Market Committee; and (4) discussions or communications among Federal Reserve officers, board members, and employees regarding any of these matters.

Tracking Information

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Title

Federal Reserve Transparency Act of 2021

Sponsors

Rep. Thomas Massie [R-KY]Rep. Matt Gaetz [R-FL]Rep. Jeff Duncan [R-SC]Rep. Robert Wittman [R-VA]
Rep. Paul Gosar [R-AZ]Rep. Brian Fitzpatrick [R-PA]Rep. Mo Brooks [R-AL]Rep. Jim Jordan [R-OH]
Rep. Cathy McMorris Rodgers [R-WA]Rep. Brian Mast [R-FL]Rep. Rick Allen [R-GA]Rep. Gary Palmer [R-AL]
Rep. Tom McClintock [R-CA]Rep. Scott Perry [R-PA]Rep. Scott DesJarlais [R-TN]Rep. Tim Burchett [R-TN]
Rep. Doug Lamborn [R-CO]Rep. Warren Davidson [R-OH]Rep. Ralph Norman [R-SC]Rep. Brett Guthrie [R-KY]
Rep. Ron Wright [R-TX]Rep. Ken Calvert [R-CA]Rep. William Timmons [R-SC]Rep. Adrian Smith [R-NE]
Rep. Andy Biggs [R-AZ]Rep. Jaime Herrera Beutler [R-WA]Rep. Eric Crawford [R-AR]Rep. Earl Carter [R-GA]
Rep. Marjorie Greene [R-GA]Rep. Steve Chabot [R-OH]Rep. Morgan Griffith [R-VA]Rep. Yvette Herrell [R-NM]
Rep. Alexander Mooney [R-WV]Rep. Roger Williams [R-TX]Rep. Markwayne Mullin [R-OK]Rep. Daniel Webster [R-FL]
Rep. Jackie Walorski [R-IN]Rep. Bill Posey [R-FL]Rep. Louie Gohmert [R-TX]Rep. Nicholas Taylor [R-TX]
Rep. Ben Cline [R-VA]Rep. Lauren Boebert [R-CO]Rep. Ken Buck [R-CO]Rep. Don Bacon [R-NE]
Rep. Glenn Grothman [R-WI]Rep. Michael Burgess [R-TX]Rep. Mike Kelly [R-PA]Rep. David Schweikert [R-AZ]
Rep. Tom Emmer [R-MN]Rep. Ron Estes [R-KS]Rep. Randy Weber [R-TX]Rep. Brian Babin [R-TX]
Rep. Michael Cloud [R-TX]Rep. Michael Turner [R-OH]Rep. Kat Cammack [R-FL]Rep. Jeff Fortenberry [R-NE]
Rep. John Katko [R-NY]Rep. Mark Green [R-TN]Rep. Robert Good [R-VA]Rep. John Rutherford [R-FL]
Rep. Tim Walberg [R-MI]

History

DateChamberAction
2021-01-04HouseReferred to the House Committee on Oversight and Reform.
2021-01-04HouseIntroduced in House

Same As/Similar To

SB573 (Related) 2021-03-03 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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