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S. 2411 118th Congress Senate

Rein in the Federal Reserve Act

Official title: A bill to place further congressional oversight on any quantitative easing or tightening programs or any emergency lending programs of the Board of Governors o… Show full official titleShow less

Official title: A bill to place further congressional oversight on any quantitative easing or tightening programs or any emergency lending programs of the Board of Governors of the Federal Reserve System, to require reports to Congress relating to those programs, to require congressional approval of the extension of those programs, and for other purposes.

Introduced: July 20, 2023 Introduced by: Rick Scott Republican · Florida See on congress.gov
Finance and Financial Sector
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Jul 20, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 20, 2023
Introduced in Senate
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 Latest action July 20, 2023

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

 Plain-English summary Congressional Research Service

Rein in the Federal Reserve Act

This bill requires regular reports from the Federal Reserve Board upon the initiation of a quantitative easing or tightening program or an emergency lending program. Further, without congressional authorization, the board must end the operation of any such program after a year. Congress is also authorized to disapprove of any such program.  

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 2411: Rein in the Federal Reserve Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-2411/
MLA
"S. 2411: Rein in the Federal Reserve Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-2411/.
Bluebook (legal)
S. 2411, 118th Cong. (2026), https://openamerica.io/bill/118-S-2411/.
Markdown link
[S. 2411: Rein in the Federal Reserve Act](https://openamerica.io/bill/118-S-2411/)
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