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HR 24 114th Congress House Finance and Financial Sector Accounting and auditing Bank accounts, deposits, capital Congressional oversight Federal Reserve System Government studies and investigations Housing finance and home ownership

Federal Reserve Transparency Act of 2015

Introduced: April 12, 2016 Introduced by: Massie, Thomas Republican · Kentucky See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 14, 2016
Reported (Amended) by the Committee on Oversight and Government Reform. H. Rept. 114-692.
Jul 14, 2016
Placed on the Union Calendar, Calendar No. 536.
May 17, 2016
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
May 17, 2016
Committee Consideration and Mark-up Session Held.
Jan 6, 2015
Referred to the House Committee on Oversight and Government.
Jan 6, 2015
Introduced in House
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 Plain-English summary Congressional Research Service

Federal Reserve Transparency Act of 2015

(Sec. 2) This bill directs the Government Accountability Office to: (1) complete, within 12 months of enactment, the required audit of the Board of Governors of the Federal Reserve System (Federal Reserve Board) and of the Federal Reserve Banks; and (2) submit to Congress, within 90 days of audit completion, a detailed report of audit findings and conclusions.

The bill repeals certain limitations placed upon audits of the Federal Reserve Board and Federal Reserve banks concerning: (1) international financial transactions, (2) deliberations or actions on monetary policy matters, (3) transactions made under the direction of the Federal Open Market Committee, or (4) a part of a discussion or communication among members of the Federal Reserve Board and officers and employees of the Federal Reserve System related to these matters.

What's happening now July 14, 2016

Placed on the Union Calendar, Calendar No. 536.

 Related & companion bills 3
  • S 2232 Related bill Federal Reserve Transparency Act of 2015
  • HR 3189 Related bill FORM Act of 2015
  • HR 5983 Related bill Financial CHOICE Act of 2016
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 102
All 102 Democratic 2 Republican 62
R
Graves, Sam
Missouri · May 26, 2016
Jenkins, Evan
· May 26, 2016
 D
Welch, Peter
Vermont · May 17, 2016
 R
Kelly, Trent
Mississippi · May 12, 2016
Chaffetz, Jason
· May 11, 2016
 R
LaHood, Darin
Illinois · Apr 26, 2016
 R
Bilirakis, Gus M.
Florida · Apr 18, 2016
 R
Kelly, Mike
Pennsylvania · Apr 12, 2016
Noem, Kristi
· Apr 12, 2016
 R
Sessions, Pete
Texas · Oct 23, 2015
 R
Wittman, Robert J.
Virginia · Jun 23, 2015
Hurd, Will
· Jun 16, 2015
Russell, Steve
· May 18, 2015
 R
Rouzer, David
North Carolina · May 12, 2015
 R
Barr, Andy
Kentucky · May 1, 2015
BARTON, JOE
· May 1, 2015
Love, Mia
· May 1, 2015
 R
Palmer, Gary J.
Alabama · May 1, 2015
 R
Perry, Scott
Pennsylvania · May 1, 2015
 R
Scalise, Steve
Louisiana · May 1, 2015
 R
Schweikert, David
Arizona · May 1, 2015
 R
Scott, Austin
Georgia · May 1, 2015
 R
Smith, Jason
Missouri · May 1, 2015
Walker, Mark
· May 1, 2015
 R
Williams, Roger
Texas · May 1, 2015
 R
Wilson, Joe
South Carolina · May 1, 2015
 R
Diaz-Balart, Mario
Florida · Apr 22, 2015
Murphy, Tim
· Apr 22, 2015
 R
Zinke, Ryan K.
Montana · Apr 16, 2015
Gowdy, Trey
· Mar 26, 2015
 R
Bost, Mike
Illinois · Mar 17, 2015
 R
Grothman, Glenn
Wisconsin · Mar 17, 2015
 R
Hudson, Richard
North Carolina · Mar 17, 2015
 R
Jordan, Jim
Ohio · Mar 17, 2015
 R
Loudermilk, Barry
Georgia · Mar 17, 2015
 R
Newhouse, Dan
Washington · Mar 17, 2015
Bridenstine, Jim
· Feb 24, 2015
Curbelo, Carlos
· Feb 24, 2015
Labrador, Raul
· Feb 24, 2015
 R
Smith, Christopher H.
New Jersey · Feb 24, 2015
 R
Turner, Michael R.
Ohio · Feb 24, 2015
 R
Carter, John R.
Texas · Feb 10, 2015
Young, David
· Feb 10, 2015
Bishop, Mike
· Feb 9, 2015
 R
Calvert, Ken
California · Feb 9, 2015
Trott, David
· Feb 9, 2015
 R
Buchanan, Vern
Florida · Feb 3, 2015
 R
Joyce, David P.
Ohio · Feb 3, 2015
Shuster, Bill
· Feb 3, 2015
 R
Foxx, Virginia
North Carolina · Jan 28, 2015
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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 24: Federal Reserve Transparency Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-HR-24/
MLA
"H.R. 24: Federal Reserve Transparency Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-24/.
Bluebook (legal)
H.R. 24, 114th Cong. (2026), https://openamerica.io/bill/114-HR-24/.
Markdown link
[H.R. 24: Federal Reserve Transparency Act of 2015](https://openamerica.io/bill/114-HR-24/)
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