US SB2937 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on November 18 2014 - 25% progression, died in committee
Action: 2014-11-18 - 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]
Status: Introduced on November 18 2014 - 25% progression, died in committee
Action: 2014-11-18 - 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
Amends the Federal Reserve Act to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate, for terms of five years. Requires the president of the Federal Reserve Bank of New York to testify annually to certain congressional committees.
Title
A bill to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate.
Sponsors
| Sen. Jack Reed [D-RI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-11-18 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| 2014-11-18 | Senate | Sponsor introductory remarks on measure. (CR S6096-6097) |
Subjects
Congressional oversight
Federal officials
Federal Reserve System
Finance and financial sector
New York City
Federal officials
Federal Reserve System
Finance and financial sector
New York City
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/senate-bill/2937/all-info |
| Text | https://www.congress.gov/113/bills/s2937/BILLS-113s2937is.pdf |
