S. 2232 · 114th Congress
Federal Reserve Transparency Act of 2015
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26 cosponsors · 26 R
21 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill directs the Government Accountability Office to: (1) commence and complete an audit of the Board of Governors of the Federal Reserve System and of the Federal Reserve Banks within 12 months of enactment of this Act, and (2) report findings and conclusions to Congress within 90 days of completing the audit.
What it does: CRS summary · Introduced in Senate · Nov 3, 2015
Federal Reserve Transparency Act of 2015
This bill directs the Government Accountability Office to: (1) commence and complete an audit of the Board of Governors of the Federal Reserve System and of the Federal Reserve Banks within 12 months of enactment of this Act, and (2) report findings and conclusions to Congress within 90 days of completing the audit.
The bill also repeals certain limitations upon such an audit.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Federal Reserve Transparency Act of 2015
Latest action (Jan 12, 2016): Motion to proceed to consideration of measure withdrawn in Senate. (consideration: CR S63)
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Nov 3, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
Latest vote · Senate · Jan 12, 2016
Ending debate on taking up the measure (cloture) — Cloture on the Motion to Proceed Rejected. Vote details
Senate Majority Leader: Mitch McConnell