S 604
111th Congress
Senate
Finance and Financial Sector
Accounting and auditing
Bank accounts, deposits, capital
Congressional oversight
Federal Reserve System
Government studies and investigations
Monetary policy
Federal Reserve Sunshine Act of 2009
Introduced: March 16, 2009
Introduced by:
Sanders, Bernard
Independent
· Vermont
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 16, 2009
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 16, 2009
Introduced in Senate
Plain-English summary
Federal Reserve Sunshine 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
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1