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H.R. 1496 112th Congress House

Federal Reserve Transparency Act

Official title: 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… Show full official titleShow less

Official title: 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: April 12, 2011 See on congress.gov
Finance and Financial Sector Accounting and auditingBank accounts, deposits, capitalCongressional oversightExecutive agency funding and structure
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Federal Reserve SystemGovernment studies and investigationsMonetary policy
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 27, 2011
Referred to the Subcommittee on Government Organization, Efficiency, and Financial Management.
Apr 12, 2011
Referred to the House Committee on Oversight and Government Reform.
Apr 12, 2011
Introduced in House
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 Latest action April 27, 2011

Referred to the Subcommittee on Government Organization, Efficiency, and Financial Management.

 Plain-English summary Congressional Research Service

Federal Reserve Transparency Act - Directs the Comptroller General to complete, within 12 months after enactment of this Act, 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
  • HR 459 Federal Reserve Transparency Act of 2012
  • S 202 Federal Reserve Transparency Act of 2011
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1496: Federal Reserve Transparency Act. 112th Congress. Open America. https://openamerica.io/bill/112-HR-1496/
MLA
"H.R. 1496: Federal Reserve Transparency Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-1496/.
Bluebook (legal)
H.R. 1496, 112th Cong. (2026), https://openamerica.io/bill/112-HR-1496/.
Markdown link
[H.R. 1496: Federal Reserve Transparency Act](https://openamerica.io/bill/112-HR-1496/)
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