US SB16 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Republican 17-0)
Status: Introduced on January 3 2017 - 25% progression, died in committee
Action: 2017-01-03 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Federal Reserve Transparency Act of 2017 This bill directs the Government Accountability Office (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 2017

Sponsors


History

DateChamberAction
2017-01-03SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Same As/Similar To

HB24 (Same As) 2017-09-21 - Placed on the Union Calendar, Calendar No. 228.

Subjects


US Congress State Sources


Bill Comments

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