S 5341 · 117th Congress · Finance and Financial Sector

Federal Reserve Accountability Act of 2022

Introduced 2022-12-21· Sponsored by Sen. Toomey, Patrick [R-PA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2022-12-21)

Plain Language Summary

[AI summary unavailable — showing source text] Federal Reserve Accountability Act of 2022 This bill reduces the number of Federal Reserve districts from 12 to 5, requires Senate confirmation for Federal Reserve bank presidents, and makes other changes to the operation of the Federal Reserve Board and Federal Reserve banks.…

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

Cosponsors (6)

6 Republicans