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S. 604 111th Congress Senate

Federal Reserve Sunshine Act of 2009

Official title: A bill to amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller … Show full official titleShow less

Official title: A bill to amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.

Introduced: July 8, 2009 Introduced by: Bernard Sanders Independent · Vermont See on congress.gov
Finance and Financial Sector Accounting and auditingBank accounts, deposits, capitalCongressional oversightFederal Reserve System
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Government studies and investigationsMonetary policy
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Latest action March 16, 2009

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 2
  • S 2939 A bill to amend title 31, United States Code to require an audit of the Board of Governors of the Federal Reserve Syste…
  • HR 1207 Federal Reserve Transparency Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 14
All 14 Democratic 1 Republican 9
D
Wyden, Ron
Oregon · Jan 28, 2010
 R
Wicker, Roger F.
Mississippi · Oct 1, 2009
 R
Thune, John
South Dakota · Sep 22, 2009
 R
Murkowski, Lisa
Alaska · Sep 15, 2009
 R
Grassley, Chuck
Iowa · Aug 3, 2009
 R
Risch, James E.
Idaho · Aug 3, 2009
 R
Graham, Lindsey
South Carolina · Jul 24, 2009
 R
Cornyn, John
Texas · Jul 20, 2009
 R
Barrasso, John
Wyoming · Jul 15, 2009
Burr, Richard
· Jul 9, 2009
Isakson, Johnny
· Jul 8, 2009
 R
Crapo, Mike
Idaho · Jun 25, 2009
Vitter, David
· Jun 16, 2009
DeMint, James
· Jun 11, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). S. 604: Federal Reserve Sunshine Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-S-604/
MLA
"S. 604: Federal Reserve Sunshine Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-604/.
Bluebook (legal)
S. 604, 111th Cong. (2026), https://openamerica.io/bill/111-S-604/.
Markdown link
[S. 604: Federal Reserve Sunshine Act of 2009](https://openamerica.io/bill/111-S-604/)
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