US Congress House Bill 2424 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on May 14 2009 - 25% progression, died in committee
Action: 2009-05-14 - Referred to the House Committee on Oversight and Government Reform.
Pending: House Oversight And Government Reform Committee
Text: Latest bill text (Introduced) [PDF]

Federal Reserve Credit Facility Review Act of 2009 - Authorizes the Comptroller General to conduct reviews, including onsite examinations, of any credit facility established by the Federal Reserve Board or any federal reserve bank, and of its establishment as the lender of last resort, including when it provides temporary assistance to private institutions as the lender of last restort. Specifies the credit facilities to which this Act applies. Terminates such authorization five years after the enactment of this Act. Grants the Comptroller General access to all records and property of any such credit facility, as well as to its officers, employees, contractors, and other agents and representatives.

Federal Reserve Credit Facility Review Act of 2009

Rep. Elijah Cummings [D-MD]	Rep. Darrell Issa [R-CA]	Rep. Jim Jordan [R-OH]	Rep. Dennis Kucinich [D-OH]
Rep. Ron Paul [R-TX]	Rep. Edolphus Towns [D-NY]

Date	Chamber	Action
2009-05-14		Referred to the House Committee on Oversight and Government Reform.

SB1457 (Related) 2009-07-15 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/2424/all-info
Text	https://www.congress.gov/111/bills/hr2424/BILLS-111hr2424ih.pdf