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H.R. 2100 113th Congress House

Federal Reserve Independence Act

Official title: To restrict conflicts of interest on the boards of directors of Federal reserve banks, and for other purposes.

Introduced: May 22, 2013 See on congress.gov
Finance and Financial Sector Banking and financial institutions regulationCongressional oversightExecutive agency funding and structureFederal Reserve System
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) 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
May 22, 2013
Referred to the House Committee on Financial Services.
May 22, 2013
Introduced in House
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 Latest action May 22, 2013

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Federal Reserve Independence Act - Amends the Federal Reserve Act regarding class A membership on the board of directors of a Federal Reserve Bank to require the Board of Governors of the Federal Reserve System (Federal Reserve Board) to designate members from among persons who are not employed in any capacity by a stockholding bank.

Requires the Federal Reserve Board to designate the class B members of such board of directors (class B members represent the public).

Prohibits employees of any Federal Reserve Board-regulated entity from serving on the board of directors of any Reserve Bank.

Prohibits any employee of the Federal Reserve System or any board member of a Reserve Bank from owning stock or investing in any company regulated by the Federal Reserve Board.

Directs the Comptroller General to report annually to Congress to ensure implementation of this Act.

 Related & companion bills 1
  • S 1018 Identical bill Federal Reserve Independence Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 2100: Federal Reserve Independence Act. 113th Congress. Open America. https://openamerica.io/bill/113-HR-2100/
MLA
"H.R. 2100: Federal Reserve Independence Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-2100/.
Bluebook (legal)
H.R. 2100, 113th Cong. (2026), https://openamerica.io/bill/113-HR-2100/.
Markdown link
[H.R. 2100: Federal Reserve Independence Act](https://openamerica.io/bill/113-HR-2100/)
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