HR 24 · 114th Congress · Finance and Financial Sector

Federal Reserve Transparency Act of 2015

Introduced 2015-01-06· Sponsored by Rep. Massie, Thomas [R-KY-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 536.(2016-07-14)

Plain Language Summary

[AI summary unavailable — showing source text] Federal Reserve Transparency Act of 2015 This bill directs the Government Accountability Office to: (1) complete, within 12 months of enactment, the required audit of the Board of Governors of the Federal Reserve System (Federal Reserve Board) and of the Federal Reserve Banks; and (2) submit to Congress, within 90 days of audit completion, a detailed report of audit findings and conclusions. The bill repeals certain limitations placed upon audits of the Federal Reserve Board and Federal Reserve banks.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 24, Federal Reserve Transparency Act of 2015

Jul 14, 2016

As ordered reported by the House Committee on Oversight and Government Reform on May 17, 2016

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (20)

20 Republicans