HOUSE 5993118th CongressReferred to the House Committee on Financial Services.
Federal Reserve Loss Transparency Act
- Last Action
- 10/25/2023
Actions
- 2023-10-25Referred to the House Committee on Financial Services.
- 2023-10-19Introduced in House
- 2023-10-19Introduced in House
CRS Summary
As of 2023-10-19 (00)
Federal Reserve Loss Transparency Act
This bill prohibits transfers to the Consumer Financial Protection Bureau from the Board of Governors of the Federal Reserve System if Federal Reserve banks incur specified quarterly operating losses. The bureau is directly funded through transfers from the board.
Sourced from Congress.gov (public domain).
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