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H.R. 70 99th Congress House

A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and Federal Reserve banks and their…

Official title: A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committe… Show full official titleShow less

Official title: A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and Federal Reserve banks and their branches.

Introduced: January 3, 1985 See on congress.gov
Finance and Financial Sector Advisory bodiesAuditingFederal Reserve SystemFederal advisory bodies
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Government Operations and PoliticsMoney
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This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) 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
Feb 11, 1985
Referred to Subcommittee on Domestic Monetary Policy.
Jan 3, 1985
Referred to House Committee on Banking, Finance and Urban Affairs.
Jan 3, 1985
Introduced in House
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 Latest action February 11, 1985

Referred to Subcommittee on Domestic Monetary Policy.

 Plain-English summary Congressional Research Service

Directs the Comptroller General to audit, each fiscal year, the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and all Federal Reserve banks and their branches.

Requires the Comptroller General, within six months after the end of each fiscal year, to report to the Congress on the results of such audit.

 Related & companion bills 1
  • S 1075 Identical bill A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory C…
 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 70: A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and Federal Reserve banks and their branches.. 99th Congress. Open America. https://openamerica.io/bill/99-HR-70/
MLA
"H.R. 70: A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and Federal Reserve banks and their branches.." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-HR-70/.
Bluebook (legal)
H.R. 70, 99th Cong. (2026), https://openamerica.io/bill/99-HR-70/.
Markdown link
[H.R. 70: A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and Federal Reserve banks and their branches.](https://openamerica.io/bill/99-HR-70/)
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