Skip to main content
S 530 114th 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: February 23, 2015 Introduced by: Reed, Jack Democratic · Rhode Island See on congress.gov
Sign in to write a letter Sign in to watch
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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 3, 2015
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-5.
Feb 23, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1032-1033)
Feb 23, 2015
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 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 March 3, 2015

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-5.

 Related & companion bills 2
  • S 1910 Related bill Financial Services and General Government Appropriations Act, 2016
  • S 2132 Related bill An Act Making Appropriations to Stop Regulatory Excess and for Other Purposes, 2016
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 530: 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.. 114th Congress. Open America. https://openamerica.io/bill/114-S-530/
MLA
"S. 530: 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.." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-530/.
Bluebook (legal)
S. 530, 114th Cong. (2026), https://openamerica.io/bill/114-S-530/.
Markdown link
[S. 530: 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/114-S-530/)
Report a problem