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S. 202 112th Congress Senate

Federal Reserve Transparency Act of 2011

Official title: A bill to require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United S… Show full official titleShow less

Official title: A bill to require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States before the end of 2012, and for other purposes.

Introduced: October 6, 2011 Introduced by: Rand Paul Republican · Kentucky See on congress.gov
Finance and Financial Sector Accounting and auditingBank accounts, deposits, capitalCongressional oversightFederal Reserve SystemGovernment studies and investigations
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 26, 2011
Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S282-283)
Jan 26, 2011
Introduced in Senate
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 Latest action January 26, 2011

Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S282-283)

 Plain-English summary Congressional Research Service

Federal Reserve Transparency Act of 2011 - Directs the Comptroller General to complete, before the end of 2012, 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.

Repeals specified limitations on such an audit.

 Related & companion bills 2
  • HR 459 Identical bill Federal Reserve Transparency Act of 2012
  • HR 1496 Federal Reserve Transparency Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 18
All 18 Republican 13
R
Collins, Susan M.
Maine · Nov 13, 2012
Isakson, Johnny
· Sep 10, 2012
 R
Moran, Jerry
Kansas · Sep 10, 2012
Toomey, Patrick
· Aug 1, 2012
 R
Murkowski, Lisa
Alaska · Jul 23, 2012
 R
Graham, Lindsey
South Carolina · Jul 17, 2012
 R
Cornyn, John
Texas · Mar 28, 2012
 R
Grassley, Chuck
Iowa · Oct 31, 2011
 R
Barrasso, John
Wyoming · Oct 6, 2011
Burr, Richard
· Oct 6, 2011
 R
Risch, James E.
Idaho · Oct 6, 2011
 R
Thune, John
South Dakota · Oct 6, 2011
 R
Wicker, Roger F.
Mississippi · Oct 6, 2011
 R
Crapo, Mike
Idaho · Sep 6, 2011
 R
Boozman, John
Arkansas · May 24, 2011
 R
Lee, Mike
Utah · Mar 1, 2011
DeMint, James
· Jan 26, 2011
Vitter, David
· Jan 26, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). S. 202: Federal Reserve Transparency Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-S-202/
MLA
"S. 202: Federal Reserve Transparency Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-202/.
Bluebook (legal)
S. 202, 112th Cong. (2026), https://openamerica.io/bill/112-S-202/.
Markdown link
[S. 202: Federal Reserve Transparency Act of 2011](https://openamerica.io/bill/112-S-202/)
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