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S 2937 113th Congress Senate Finance and Financial Sector Congressional oversight Federal Reserve System Federal officials New York City

A bill to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate.

Introduced: November 18, 2014 Introduced by: Reed, Jack Democratic · Rhode Island See on congress.gov
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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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 18, 2014
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 18, 2014
Sponsor introductory remarks on measure. (CR S6096-6097)
Nov 18, 2014
Introduced in Senate
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 Plain-English summary Congressional Research Service

Amends the Federal Reserve Act to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate, for terms of five years.

Requires the president of the Federal Reserve Bank of New York to testify annually to certain congressional committees.

What's happening now November 18, 2014

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

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 2937: A bill to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate.. 113th Congress. Open America. https://openamerica.io/bill/113-S-2937/
MLA
"S. 2937: A bill to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate.." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-S-2937/.
Bluebook (legal)
S. 2937, 113th Cong. (2026), https://openamerica.io/bill/113-S-2937/.
Markdown link
[S. 2937: A bill to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate.](https://openamerica.io/bill/113-S-2937/)
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