HR 24 115th Congress House Finance and Financial Sector Accounting and auditing Bank accounts, deposits, capital Congressional oversight Federal Reserve System Government studies and investigations

Federal Reserve Transparency Act of 2017

Introduced: January 3, 2017 Introduced by: Massie, Thomas Republican · Kentucky See on congress.gov

Everywhere this bill has been 6 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Sep 21, 2017

Placed on the Union Calendar, Calendar No. 228.

Sep 21, 2017

Reported by the Committee on Oversight and Government Reform. H. Rept. 115-318.

Mar 28, 2017

Ordered to be Reported by Voice Vote.

Mar 28, 2017

Committee Consideration and Mark-up Session Held.

Jan 3, 2017

Introduced in House

Jan 3, 2017

Referred to the House Committee on Oversight and Government Reform.

Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Federal Reserve Transparency Act of 2017

(Sec. 2) This bill directs the Government Accountability Office (GAO) to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks.

In addition, the bill allows the GAO to audit the Federal Reserve Board and Federal Reserve banks with respect to: (1) international financial transactions; (2) deliberations, decisions, or actions on monetary policy matters; (3) transactions made under the direction of the Federal Open Market Committee; and (4) discussions or communications among Federal Reserve officers, board members, and employees regarding any of these matters.

What's happening now September 21, 2017

Placed on the Union Calendar, Calendar No. 228.

Committees of jurisdiction 1