S 4889 117th Congress Senate Finance and Financial Sector

Federal Reserve Loss Transparency Act

Introduced: September 20, 2022 Introduced by: Hagerty, Bill Republican · Tennessee See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Sep 20, 2022

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

Sep 20, 2022

Introduced in Senate

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Plain-English summary Congressional Research Service

Federal Reserve Loss Transparency Act

This bill prohibits transfers to the Consumer Financial Protection Bureau from the Board of Governors of the Federal Reserve System if Federal Reserve banks incur specified quarterly operating losses. The bureau is directly funded through transfers from the board.

What's happening now September 20, 2022

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

Related & companion bills 1

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Banking, Housing, and Urban Affairs Committee
Senate

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APA

U.S. Congress. (2026). S. 4889: Federal Reserve Loss Transparency Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-4889/

MLA

"S. 4889: Federal Reserve Loss Transparency Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-4889/.

Bluebook (legal)

S. 4889, 117th Cong. (2026), https://openamerica.io/bill/117-S-4889/.

Markdown link

[S. 4889: Federal Reserve Loss Transparency Act](https://openamerica.io/bill/117-S-4889/)