HR 1207
111th Congress
House
Finance and Financial Sector
Accounting and auditing
Bank accounts, deposits, capital
Federal Reserve System
Government studies and investigations
Monetary policy
Federal Reserve Transparency Act of 2009
Introduced: February 26, 2009
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 25, 2009
Committee Hearings Held.
Feb 26, 2009
Referred to the House Committee on Financial Services.
Feb 26, 2009
Sponsor introductory remarks on measure. (CR E502)
Feb 26, 2009
Introduced in House
Plain-English summary
Federal Reserve Transparency Act of 2009 - Repeals the authority of the Comptroller General to carry out an onsite examination of an open insured bank or bank holding company only if the appropriate federal regulatory agency has consented in writing. (Retains the authority of the Comptroller General to audit a federal agency.)
Directs the Comptroller General to complete, before the end of 2010, an audit of the Board of Governors of the Federal Reserve System and of the federal reserve banks, followed by a detailed report to Congress.
What's happening now
Committee Hearings Held.
Committees of jurisdiction
1