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S 1248 114th Congress Senate Finance and Financial Sector Federal Reserve System Federal officials Government information and archives

Fed Accountability Act of 2015

Introduced: May 7, 2015 Introduced by: Warren, Elizabeth Democratic · Massachusetts 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 7, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 7, 2015
Introduced in Senate
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 Plain-English summary Congressional Research Service

Fed Accountability Act of 2015

This bill amends the Federal Reserve Act to authorize each member of the Board of Governors of the Federal Reserve System to employ and select a maximum of four individuals for the member's staff and set their salaries.

The Board must vote, at a properly noticed public meeting, on whether to resolve any enforcement action if its resolution involves the payment of at least $1 million in compensation, penalties, fines, or other payments.

The results of that vote must be: (1) included in the Board's official minutes, and (2) made publicly available on the Board's website.

What's happening now May 7, 2015

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. 1248: Fed Accountability Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-S-1248/
MLA
"S. 1248: Fed Accountability Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-1248/.
Bluebook (legal)
S. 1248, 114th Cong. (2026), https://openamerica.io/bill/114-S-1248/.
Markdown link
[S. 1248: Fed Accountability Act of 2015](https://openamerica.io/bill/114-S-1248/)
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