SENATE 3095118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Federal Reserve Loss Transparency Act
- Last Action
- 10/19/2023
Actions
- 2023-10-19Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2023-10-19Introduced in Senate
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.
Cosponsors (1)
- Katie Britt (R-AL)
Sourced from Congress.gov (public domain).
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